In March, the U.S. trade deficit in goods and services increased by 4.4% to $60.3 billion following the Supreme Court's ruling that invalidated President Trump's global tariffs, with exports rising 2% and imports up 2.3%, highlighting the ongoing complexities of U.S. trade dynamics and the administration's efforts to establish new tariffs in response to trade practices. #TradeDeficit #Tariffs #USTrade #US #CA #CN #MX #JP #DE #KR #IN #BR #AU
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U.S. Trade Deficit Grew in March
The U. S. trade deficit in goods and services rose to $60. 3 billion in March, increasing 4. 4 percent from the previous month, after the Supreme Court struck down President Trump's global tariffs, according to data from the Commerce Department released on Tuesday.