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US trade deficit hits nearly 2-year low

High tariffs drive China imports down to a 16-year low. But U.S. trade deficits are still as big as ever.

High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.

Reuters on MSN · 11h

US trade deficit hits nearly 2-year low in June; China gap plunges

The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods.

The Wall Street Journal on MSN · 8h

Canada Trade Deficit Inches Up in June

The country recorded a goods-trade deficit for the month of 5.86 billion Canadian dollars, the equivalent of about $4.25 billion, Statistics Canada said Tuesday. That was the second-largest on record and a fifth consecutive monthly deficit,

China, Trump

The Hill on MSN · 4h

Haley questions Trump’s trade moves with China, India

Former United Nations Ambassador Nikki Haley questioned President Trump’s trade moves with China and India on Tuesday, warning the U.S. shouldn’t “burn” its relationship with India. “India should not be buying oil from Russia.

Reuters on MSN · 12h

Trump says he will meet China's Xi if a trade deal is struck

President Donald Trump said on Tuesday the U.S. was close to a trade deal with China and that he would meet his Chinese counterpart Xi Jinping before the end of the year if an agreement is struck. "He asked for a meeting,

Newsweek on MSN · 6d

China Is Winning the Trade Talks With Trump—Analysts

Trump dramatically escalated economic tensions in April. Citing unfair Chinese trade practices and promising to revitalize U.S. manufacturing, he announced heavy tariffs on Chinese goods. The move rattled global supply chains and prompted swift retaliation from Beijing, which introduced its own tariffs and a suite of other tit-for-tat measures.

2don MSN

China’s trade deadline ‘under discussion’ after Washington has positive talks with Beijing: US Trade Rep

U.S. Trade Representative Jamieson Greer says negotiations with China are progressing positively as both sides work to avoid ...

15h

Fact Check: Brazil, China have not signed 20-year trade pact, contrary to online claims

Brazil has not signed a formal 20-year trade pact with China, the Brazilian Presidency’s Communications Secretariat told ...

11hOpinion

Contra China’s ‘Time Bomb’ U.S. Spying Concerns, Trade Is Peaceful

It was inevitable that American companies would eventually reap the bitter fruits of protectionist activity within the U.S.

China Makes Ending Price Wars a Top Priority Amid Trade Woes

China’s top leadership touted their nation’s economic strength while vowing to maintain support to keep growth humming, after ...

16hon MSN

Why China is Becoming Donald Trump's Biggest U-Turn

China watchers are alarmed by what Trump's recent moves mean for the U.S.'s previously hard-line China policy.

14h

Taiwan Investigates TSMC Employees Over Possible Trade Secret Theft

Taiwan government says it has detained three employees on suspicion they obtained the Taiwanese chip giant’s “core technology ...

FreightWaves1d

China trade fight weakens Matson earnings

The U.S.-flag carrier (NYSE: MATX) reported revenue for the second quarter ended June 30 totaled $830.5 million compared with $847.4 million for the same period in 2024. Net income fell to $94.7 ...

1don MSN

Trade News Latest: Switzerland to Pursue U.S. Talks, China Strengthens Brazil Links

Switzerland is pursuing trade talks with the U.S., while China is widening access to its market for Brazilian exports.

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