U.S. Trade Deficit Hits Record $140.5 Billion in March Amid Tariff Rush
The U.S. goods and services trade deficit surged to a record $140.5 billion in March 2025, surpassing analysts’ expectations of $137 billion. This marks a $17 billion increase from the previous month, driven by businesses accelerating imports to circumvent impending tariffs. Key Drivers of the Trade Deficit Year-to-Date Deficit The cumulative trade deficit for the […]
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