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Web Desk
May 06, 2025

US trade deficit surges to record high

The trade gap jumped 14.0 per cent to a record $140.5 billion from a revised $123.2 billion in February, the Commerce Department’s Bureau of Economic Analysis (BEA) said on Tuesday.

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Web Desk Karachi
Apr 15, 2025

Trump launches trade probes for tariffs on semiconductors, pharmaceuticals

The moves, announced on Monday, in the Federal Register, are a precursor to imposing tariffs and threaten to broaden the president’s sweeping US trade war.

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Reuters
Dec 18, 2024

US current account deficit hits record high in the third quarter

The Commerce Department’s Bureau of Economic Analysis said that the current account deficit increased $35.9 billion, or 13.1 per cent

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Reuters
Dec 18, 2024

US considers ban on China’s TP-Link, WSJ reports

US lawmakers urge the Biden administration to probe the Chinese router-manufacturer and its affiliates

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Web Desk
Apr 04, 2024

US trade deficit widens, reaching highest level since April 2023

The latest data released by the US government on Thursday reveals a notable expansion in the country’s trade deficit for February.