US trade: Businesses front-load imports ahead of tariffs in July; deficit hits widest in 4 months – The Times of India

The US trade gap widened sharply in July, hitting its largest level in four months, as businesses rushed in imports ahead of fresh tariffs from US President Donald Trump.Figures from…

Continue ReadingUS trade: Businesses front-load imports ahead of tariffs in July; deficit hits widest in 4 months – The Times of India

With new 40% tariff on transshipments, Trump takes aim at US dependence on China’s factories – Times of India

Ever since President Trump began raising tariffs on goods from China during his first term, Chinese companies have raced to set up warehouses and factories in Southeast Asia, Mexico and…

Continue ReadingWith new 40% tariff on transshipments, Trump takes aim at US dependence on China’s factories – Times of India

US trade deficit narrows in February amid looming Trump’s tariff rollout – The Times of India

The US trade deficit narrowed in February, according to data released by the Commerce Department on Thursday, which was collected before President Donald Trump launched his latest round of global…

Continue ReadingUS trade deficit narrows in February amid looming Trump’s tariff rollout – The Times of India