China Boosts U.S. Trade Deficit, Ross Shows Patience For Now — Panjiva
Más

China Boosts U.S. Trade Deficit, Ross Shows Patience For Now

China 3006 Mexico 900 South Korea 596 Trade Balance 933 Trade Deals 1004 U.S. 5354

The U.S. trade deficit, including goods and services, increased 24% on a year earlier and was 2% higher than economists’ expectations. This was mostly the result of another jump in imports of consumer goods, while the growth in exports of services failed to keep up. Exports of services may even contract in coming months as last year included Olympic broadcasting rights and travel bookings are reported to be falling. The deficit with China expanded 14% on a year earlier, though comments from U.S. Commerce Secretary Ross suggests some patience in allowing recently announced trade plans to ...

Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.