The deficit has eased from its 2022 peak, yet imports still far exceed exports as strong consumer demand, a strong dollar, and supply chain shifts sustain a record-era trade gap.
All posts tagged trade deficit
Trump threatens 10% tariffs on eight NATO allies amid Greenland dispute
President Donald Trump said the U.S. will impose a 10% tariff on imports from eight European countries starting February 1, tying the move to opposition over Greenland.
After Japan, U.S. debt is set to be the highest in the G7 by 2030
IMF projections show U.S. government debt climbing faster than most G7 peers, surpassing the group’s average in 2025 and reaching about 143% of GDP by 2030—second only to Japan.
Mapped: Where U.S. Furniture Trade Deficits Are Deepest as New Tariffs Take Effect
Beginning midnight, Oct. 14, 2025, imports of select wood and furniture items—including softwood, kitchen cabinets, bathroom vanities, and upholstered furniture—face new Section 232 tariffs, targeting imports of timber, wood products, furniture, and cabinetry.