U.S. Trade Deficit Hits Record High In March

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U.S. Trade Deficit Hits Record High In March

tippinsights.com/u-s-trade-deficit-hits-record-140-5-billion-in-march

The U.S. trade deficit surged 14% to a record $140.5 billion in March, as businesses rushed to import goods ahead of steep tariffs, the Commerce Department reported Tuesday. This import surge dragged first-quarter GDP into negative territory for the first time in three years, shrinking…

This story appeared on tippinsights.com, 2025-05-06 13:57:21.