As Trump teases more tariffs, what is the balance of trade between the EU and US?
Between 2014 and 2024, US imports from the EU grew by 44%. On the other hand, the US exported around €357 billion in goods to the EU in 2024. The top months were March, August, and November. In 2014,
Tariffs may help balance trade with China, former Trump trade chief says
Robert Lighthizer, who was the U.S. trade representative in President Trump's first administration, says China poses an existential threat to the United States that must be urgently addressed by Washington.
US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
EU Convenes Trade Ministers After Trump Tariffs, Say Diplomats
European Union trade ministers will hold an unscheduled video conference on Wednesday to discuss the bloc's response to impending U.S. steel and aluminium tariffs, EU diplomats said on Tuesday. U.S. President Donald Trump signed proclamations late on Monday to raise tariffs on all steel and aluminium imports to 25% without exceptions or exemptions.
The Debate: Do Trump's tariffs mean the end of the post-war free trade world?
President Trump has proposed a sweeping set of tariffs. Does this mark the end of the post-war free trade world?
Trump tariffs could upend global trade
US President Donald Trump's use of tariffs as a blunt weapon to extract concessions on everything from commerce to immigration and drug trafficking could redraw global trading norms, analysts say. Since his inauguration on Jan.
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
With tariffs and trade in the spotlight, what Trump means when he says America is ‘losing’ billions to Canada, others
When President-elect Donald Trump recently floated the idea of annexing Canada, a key reason he gave was a claim that the ...
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Global Trade Tracker
total trade volume, or balance of trade. You can also choose to see the data in U.S. dollars or as a share of countries’ gross domestic product (GDP). Use the drop-down menu above the map to ...
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Turkey Balance of Trade
The Turkish trade balance has been in deficit since 1947. In 2017 the trade gap widened 36.8 percent from the previous year to USD 76.7 billion, as imports jumped 17.7 percent, the sharpest ...
Trump slaps 25% tariffs on steel and aluminum imports
"We need to create in order to protect our country's future and the resurgence of U.S. manufacturing and production." Trump also said he would be announcing "reciprocal tariffs" in the ...