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Tariff-Frontrunning Sends US Trade Deficit To New Record High In March
Tariff-Frontrunning Sends US Trade Deficit To New Record High In March The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs. The shortfall in goods trade grew 9.6% from a month earlier to $162 billion, Commerce Department data showed Tuesday. Imports rose 5% to $342.7 billion, led by consumer goods, while exports increased 1.2% as firms scrambled to get ahead of President Trump's 'Liberation Day
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