U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs

The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.

Feb 28, 2025 - 15:41
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U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.