U.S. trade deficit in goods soars to record high as businesses aimed to beat tariff price hikes

U.S. businesses brought in record boatloads of foreign goods in March for the fourth month in a row as they tried to beat price increases tied to the Trump tariffs — all but assuring a weak GDP report in the first quarter.

Apr 29, 2025 - 13:41
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U.S. trade deficit in goods soars to record high as businesses aimed to beat tariff price hikes
U.S. businesses brought in record boatloads of foreign goods in March for the fourth month in a row as they tried to beat price increases tied to the Trump tariffs — all but assuring a weak GDP report in the first quarter.