The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a record surge in customs revenue.
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US current account deficit shrinks to four-year low as tariffs bite and income surges
The U.S. current account deficit shrank sharply in the third quarter, falling to its lowest level in four years as tariffs ...
By David Lawder WASHINGTON, Jan 13 (Reuters) - The U.S. government posted a $145 billion budget deficit for December, up 67% ...
WASHINGTON, Jan 14 (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on imports and primary income surged. The Commerce Department's Bureau of ...
Because exports grew more than imports, the U.S. trade deficit shrank, in line with President Donald Trump’s goals.
The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same month a year prior.
The U.S. trade deficit with the world will set a record in 2025, which will be the fourth record in Trump’s five years in office, according to my analysis of U.S. Census Bureau data. It will surpass ...
The U.S. trade deficit unexpectedly narrowed in September to the smallest since mid-2020 as exports surged. The goods and services trade gap shrank nearly 11% from the prior month to $52.8 billion, ...
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U.S. tariffs mostly paid by American importers and consumers, report suggests
A new report suggests U.S. tariffs are mostly paid by American importers and consumers.
The deficit for the first three months of fiscal 2026, which started on Oct 1, 2025, totalled US$602 billion, down US$109 ...
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