US Trade Deficit in Goods Expands Significantly in January

Reported about 8 hours ago

The U.S. goods trade deficit increased sharply in January, rising 25.6% to $153.3 billion as businesses imported more goods in anticipation of upcoming tariffs. Imports surged 11.9% to $325.4 billion, while exports grew by 2.0% to $172.2 billion. This shift in trade dynamics may hinder economic growth in the first quarter, as noted by the Commerce Department.

Source: YAHOO

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