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US trade deficit hits nearly 2-year low

High tariffs drive China imports down to a 16-year low. But U.S. trade deficits are still as big as ever.

High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.

Reuters on MSN · 2d

US trade deficit hits nearly 2-year low in June; China gap plunges

The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods.

Investopedia on MSN · 1d

How Tariffs Might Be Impacting the U.S. Trade Deficit

President Donald Trump has said his tariffs were designed to close the gap between the amount of goods imported and exported. The U.S. trade deficit declined in June, but tariffs may have played an unexpected role.

China, Exports

The New York Times · 11h

China’s Exports Surged Again in July, but Not to America

China is shipping more goods to Southeast Asia and other regions that often re-export them to the United States. China still sells three times as much to the United States as it buys.

The Associated Press - Busines… · 5h

China's exports and imports picked up in July, helped by the pause in Trump's higher tariffs

China's exports surged 7.2% in July from a year earlier while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of a truce in President Donald Trump’ s trade war with Beijing.

Wall Street Journal · 10h

China’s Exports Keep Defying Expectations With Accelerating Growth in July

China’s exports grew at a faster pace in July, surpassing expectations as global businesses await clarity on whether Beijing and Washington will extend their tariff truce ahead of an August deadline.

1don MSN

US trade gap skids to 2-year low; tariffs exert pressure on service sector

Tariffs are leaving their mark on the U.S. economy beyond trade, as a measure of activity in the vast services sector hit ...

US Trade Deficit Plummets To Near 2-Year Low

The U. S. trade deficit dropped in June to its lowest level in nearly two years, while the trade gap with China narrowed to ...

US trade deficit hits nearly 2-year low; tariffs exert pressure on service sector

The trade gap with China shrank to its lowest in more than 21 years. Read more at straitstimes.com. Read more at straitstimes ...

Trump may look like he's winning the trade war, but hurdles remain

At a glance, U.S. President Donald Trump appears to be winning the trade war he unleashed after returning to the White House ...

Cyprus Mail on MSN8h

Trump’s sweeping tariff hike hits 67 countries amid trade shake-up

President Donald Trump’s higher tariff rates of 10% to 50% on dozens of trading partners kicked in on Thursday, testing his strategy for shrinking U.S. trade deficits without massive disruptions to ...

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