US Trade Deficit Widens in Nov as Imports Jump
Financial Express Pune|January 08, 2025
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.
BLOOMBERG

The gap in goods and services trade grew 6.2% from the prior month to $78.2 billion, Commerce Department data showed Tuesday. The figure was in line with the median projection of economists in a Bloomberg survey.

The value of imports increased 3.4% from a month earlier to $351.6 billion. Exports rose 2.7%. The figures aren't adjusted for inflation.

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