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trade deficit, US
US trade deficit widens as goods imports surge
The U.S. trade deficit widened in November, likely as businesses worried about President-elect Donald Trump's threats to raise tariffs on foreign goods front-loaded imports, more than offseting a surge in exports to a record high.
US Trade Deficit Widens on Largest Jump in Imports Since 2022
The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated shipments ahead of a possible dockworkers’ strike and in anticipation of potential tariffs by the Trump administration.
Canada's Overall Trade Deficit Narrows, Surplus With US Widens
Canada posted a ninth consecutive trade deficit in November, narrowing to Can$323 million (US$225 million), the government statistical agency said Tuesday.
Canada posts nine straight months of trade deficit, surplus with US widens
Canada recorded a ninth consecutive monthly trade deficit in November, albeit smaller than expected, as exports rose faster than imports, and its trade surplus with the United States widened, data showed on Tuesday.
Canada’s Trade Surplus With US Widens Ahead of Trump’s Return
Canada’s trade surplus with the US widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbor plays in its economy.
Trump Says Canada Should Merge With US As Trudeau Resigns
Donald Trump on Monday marked Canadian Prime Minister Justin Trudeau's resignation announcement by doubling down on his unlikely proposal that the country should merge with the United States.
Canada stays in trade deficit for ninth month but with smaller shortfall
Canada recorded a ninth consecutive monthly trade deficit in November, albeit a smaller than expected shortfall as exports rose faster than imports, data showed on Tuesday.
Donald Trump repeats his US-Canada merger offer after Justin Trudeau's resignation
Justin Trudeau's resignation as the Canadian prime minister has prompted US president-elect Donald Trump to repeat his proposal of a merger of the two neighbouring countries.
Trudeau resignation opens door to Trump 'going easy on trade tariffs' with Canada
"A new government could be good for [the Canadian dollar], and Trudeau is speeding up the process," wrote Kyle Chapman, FX markets analyst at Ballinger Group, in an email on Monday. Chapman argued the election of a conservative prime minister,
Newsom Proposes $322B Budget with No Deficit
Newsom Proposes $322B Budget with No Deficit, but Trump-Era Funding Threats Loom
Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state.
After 2 years of shortfalls, California governor proposes $322B budget with no deficit
But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.
Gov. Gavin Newsom proposes $322B budget for California with no deficit
California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state. But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars,
2h
on MSN
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost ...
5h
Metal Prices Rise; Deutsche Bank Sees Copper in Deficit by End of 2025
Base metals prices rose and Deutsche Bank sees copper steadily rising over 2025 to $9,800 a ton by the final quarter of the ...
1h
Fiscal deficit on track despite lower GDP growth projection for FY25
The fiscal deficit for 2024-25 (FY25) may remain within the target, despite a lower-than-budgeted nominal gross domestic ...
23h
on MSN
Amid a $7 million deficit to Texas’ suicide hotline, thousands of calls are abandoned monthly
The state’s 988 suicide had the nation’s fifth highest rate of abandoned calls in August, the latest data available, amid a ...
7h
Maryland lawmakers face budget deficit as new legislative session begins in Annapolis
WBFF- Baltimore — Maryland's new legislative session starts tomorrow. As lawmakers return to Annapolis, there are some ...
15h
Proposed California budget has no deficit, but could be affected by federal government
The budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will ...
22h
Speaker: Tax increase possible to help pay for Rhode Island state budget deficit
Tuesday under a shiny, refurbished statue of the Independent Man, Rhode Island lawmakers will get back to work in a new ...
1d
on MSN
Indonesia books lower-than-expected 2024 fiscal deficit
Indonesia's unaudited budget deficit for 2024 was smaller than the government's earlier estimate, official data showed on ...
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