Free Trade Agreements Have Damaged U.S. Agricultural Trade Performance
Decades of free trade agreements have led to a record $39 billion agricultural trade deficit in 2024, undermining the broader U.S. agricultural industry.
New CPA Economic Report Finds U.S. Faces Record Agricultural Imports, Worst Trade Deficit in History
This new CPA economic report is a damning indictment of how decades of free trade policies have hollowed out America’s agricultural sector, benefiting a handful of corporate giants while leaving family farms to bear the brunt of a failed experiment.
U.S. Faces Record Agricultural Imports, Worst Trade Deficit in History
The United States is now on pace to reach a $39 billion agricultural trade deficit in 2024 amid all-time record imports.
Trade Deficit Jumps 7.6% in November. Goods Trade Gap Now $1.08 Trillion, Beating 2023 Levels
The goods and services trade deficit rose 7.6% in November to $78.2 billion, a big leap from previous months when the deficit was trailing under the three month moving average, based on Bureau of Economic Analysis data released this week.
Trade Deficit Takes Huge 19.2% Leap In September; Automotive and Semiconductor Deficit Bigger Than Sept. 2023
The U.S. goods and services deficit took a surprising 19.3% leap to $84.4 billion in September, with exports falling by 1.2% and imports rising by 3%, the Bureau of Economic Analysis reported on Tuesday.
USITC Ruling Against Domestic Aluminum Industry Highlights the Failure of Case-by-Case Trade Enforcement: A Call for Broader Trade Protections
USITC’s ruling against the domestic aluminum industry and its workers exposes the futility of relying solely on hyper-specific AD/CVD cases to address today’s rampant trade abuses.
Katherine Tai Says Proper Use of Tariffs a Good Way to Stop Deindustrialization
U.S. Trade Representative Katherine Tai said the proper use of tariffs as a trade tool is good for the middle class, especially those that work in the industrial sectors of the economy. No tariffs, on the other hand, may lower costs of goods sold.
August Trade Deficit Surprisingly Falls 10% to $70.4 Billion; Lowest Deficit Since March
The August trade figures came in surprisingly low on Tuesday, falling 10% to $70.4 billion, marking the lowest monthly goods and services gap since March ($67.9 billion), the Bureau of Economic Analysis said today.
Trump Reinforces Tariff Policy in Front of The Economic Club of New York
Trump said he wanted the U.S. “to be the manufacturing superpower in the world. We can do that intelligently with trade policy that uses tariffs that encourages production here. We deserve it.”
Trade Deficit Rises 7.9%; July Goods Deficit of $103 Billion Biggest on the Year
The U.S. goods and services trade deficit rose 7.9% for the month of July, but the goods deficit alone hit a record for the year – $103.13 billion. The previous high was in May at $100.1 billion.
