U.S. Trade Deficit Record 06 Mar 2025 🔺 The value of imports increased by 10%, reaching a record $401.2 billion, while exports rose by 1.2%. ‼️ Companies rushed to import foreign goods before new tariffs were imposed. 💰 A major part of the import increase was due to gold imports from Switzerland, where the U.S. trade deficit saw a sharp rise. 🚗 Canada’s trade surplus with the U.S. hit a record early in the year, driven by exports of cars, auto parts, and oil.
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