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

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

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. Trade Deficit Drops 56% as April Imports Fall

U.S. Trade Deficit Drops 56% as April Imports Fall

April’s trade deficit plunged from a revised $138.3 billion in March to $61.6 billion, driven by a 16% drop in imports that reversed the pre-“liberation day” spike.

G7 inflation mapped on one graph

G7 inflation mapped on one graph

In Japan, the only Asian economy in G7,  core inflation rose at its fastest annual pace in over two years, climbing to 3.5% in April, according to data released Friday. I mapped the inflation (with some caveats) to look at the overall inflation trend in G7 economies.

IMF downgrades U.S. outlook amid tariff uncertainty

IMF downgrades U.S. outlook amid tariff uncertainty

IMF issued its steepest downgrade for the U.S. among advanced economies, citing rising tariff-related uncertainty and a heightened risk of recession. Global economic sentiment has dimmed, with the IMF now projecting a 37% chance of a U.S. downturn—up sharply from 25% just months ago.