US trade deficit narrows in February amid looming Trump's tariff rollout
Thursday, 3 April 2025 () The US trade deficit narrowed by 6.1% to $122.7 billion in February before President Trump launched new tariffs. US exports rose while imports remained nearly unchanged. Analysts expect these tariffs to impact businesses' supply chains and costs, potentially affecting imports and exports in the coming months as new tariffs take effect.
In a major trade policy move, former President Donald Trump unveils a 10% reciprocal tariff on goods imported from the UK, as part of his broader economic strategy. Speaking at a public event, Trump presented a tariff comparison chart, highlighting disparities in trade policies with major global...
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