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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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