Trade and tariffs – Page 2

U.S. Trade Deficit Shrinks to $60.2B in June — Smallest Gap Since September 2023

August 5, 2025August 5, 2025Deena ZaidiChina, Europe, Japan, Middle East, Trade and tariffs, United States of America, World Economy, World economy, World trade

U.S. trade deficit shrank to $60.2B in June 2025, the lowest since Sept. 2023, driven by falling imports and rising tariff uncertainty.

🥩 U.S. Beef Prices Hit Record Highs — Tariffs on Brazil Could Push Them Even Higher

July 16, 2025July 17, 2025Deena ZaidiGraphs, Graphs, Inflation, Markets, Trade and tariffs, World Economy, World economy, World trade

The burgers, stews, and chili on your menu might get pricier. U.S. beef prices have reached record highs amid inflation pressures, supply shortages, and new tariffs on Brazilian imports. With the U.S. cattle inventory at its lowest since 1951 and Brazil facing steep tariff hikes, beef prices may climb even higher in 2025.