The tech exemptions from President Trump are temporary. Commerce Secretary Howard Lutnick explained President Trump’s decision to incorporate tariff exemptions for key electronic components on Sunday. He said…
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U.S. Trade Deficit at Record High
Commerce Department reports that imports are up, and exports down. Data recently released by the Commerce Department showed that the American trade deficit rose 12.2 percent in 2022,…
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Commerce Department Reports Trade Deficit Decline
Officials add 1.42 percentage points to GDP in second quarter. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced this week that America’s trade deficit…
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Commerce Department Reports Trade Deficit
Reaches a twelve year high due to pandemic. The Commerce Department released its report on the status of the U.S. trade this past Friday. The gap between U.S.…
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U.S. Trade Deficit Rises by 1.7%
Nation imports $64.1 billion more than it exports. The Commerce Department announced on Friday that the trade deficit grew by 1.7% in October, as the nation brought in…
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