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The trade war is making America more reliant on foreign goods, not less — at least for now

6 May 2025
in Business
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The trade war is making America more reliant on foreign goods, not less — at least for now
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The U.S. trade deficit

widened more than expected in March, increasing to $140.5 billion, a significant 14% rise from February’s revised figure of $123.2 billion. This information was released on Tuesday by the Census Bureau and the Bureau of Economic Analysis. The data indicates a notable shift in trade dynamics during the month, highlighting economic trends that may impact future trade policies and economic conditions.

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Tags: AmericaBusinessChina–United States economic relationsChina–United States trade warCustoms dutiesEconomic history of the People's Republic of ChinaEconomic history of the United StatesfinanceforeigngoodsimportsInternational taxationJerome PowellmakingMattelQuartzrelianttariffTariffs in the second Trump administrationtradeUnited States balance of tradeWar
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