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Trade war uncertainty and growing trade deficit leaves U.S. companies vulnerable

Trade war uncertainty and growing trade deficit leaves U.S. companies vulnerable

by Sandra Sadek | Mar 8, 2025 | Featured, Trade

NEW YORK – President Donald Trump’s tit-for-tat economic policies have forced businesses to brace for an all-out trade war, and pushed the trade deficit to levels unseen before. The latest numbers from the Bureau of Economic Analysis show that the goods and services...
U.S. Trade Deficit Closes 2024 with Record High As Trade War Looms

U.S. Trade Deficit Closes 2024 with Record High As Trade War Looms

by Sandra Sadek | Feb 7, 2025 | Featured, Trade

NEW YORK — The U.S. trade deficit reached a historic high last year as importers and exporters braced for a possible trade war with its largest trading partners.  The 2024 trade deficit ended the year at over $918 billion, reflecting a 17% increase from 2023,...

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Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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