US trade deficit sharply narrows in April as Trump tariffs take hold

Tariff news isn't good...

Tariffs prompt record plunge in US imports Goods brought into the US plunged by 20% in April, recording their largest ever monthly drop in the face of a wave of tariffs unleashed by US President Donald Trump. That’s one way to cut the trade deficit....

U.S. trade deficit narrows sharply in April; imports post record drop

The U.S. trade deficit narrowed sharply in April, with imports dropping by the largest margin on record.

U.S. trade deficit dropped by record amount in April, Commerce Dept. says

The U.S. trade deficit saw a dramatic decrease in April as companies adjusted to President Trump's ever-changing tariff policy, according to a Commerce Department report.

Tariffs Deliver Record Drop in US Trade Deficit

Call it the gravitational pull of Trump’s tariffs: First came the tidal wave; now, the tide is receding. After a record-breaking trade deficit in March, as businesses rushed to order goods ahead of a massive spike in import duties, data from the US Commerce Department on Thursday shows that April delivered a record-breaking decrease in the trade deficit. Does that mean the US has won the first big battle of the trade war? Well, it’s complicated.…

Trump tariffs could reduce NM imports by 11%, transportation economist says

New Mexico Department of Transportation Chief Economist Michael Morrison said the tariffs enacted by the Trump administration so far could impact revenues used to pay for road maintenance. (Photo by Patrick Lohmann / Source NM)The U.S. government’s import taxes could significantly cut the amount of goods coming through New Mexico, and thereby reduce how much money the state government has to maintain its highways, the state transportation agency…

Trade deficit narrowed by record amount in April

The U.S. trade deficit narrowed by a record amount in April ahead of the implementation of President Trump’s tariffs, according to a Thursday release from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.  The trade deficit fell to $61.6 billion in April, a 55.5 percent drop from March. Exports for the month…