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Business

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.

Business

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.

Latest

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

World

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

World

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.