
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
The U.S. trade deficit in goods hit a record last year, as American consumers snapped up imported products and a strong U.S. dollar weighed on export growth. Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to $4.1 trillion, as Americans bought plenty of weight-loss […]