MAP The US trade deficit of $1.2 trillion country to country

The United States had a trade deficit of $1.2 trillion in 2024, according to data from the International Trade Commission of the United States. This negative trade balance is now the one that seeks to offset the tariffs that it has just approved and that in the case of the European Union are 20%. What is the trade balance. It is the difference between the monetary value of imports and exports. If the value is negative, it means that the country …