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Jacksonville Journal-Courier on MSN2d

US agricultural trade deficit reaches new record high

The U.S. agricultural trade deficit climbed to a new high the first half of 2025, hitting a record $28.6 billion.
During a lengthy oral argument, judges were skeptical that Trump had the power to use an emergency law to enact the tariffs.
Looking for a textbook example of the uncertainty Trump has created with his global trade war – abetted by wars in Ukraine and Gaza – look no further than Switzerland.
President Donald Trump has cited a $40 billion trade deficit with Switzerland to justify a new, high tariff on imported Swiss ...
The US trade deficit experienced a significant 16% decrease in June, reaching $60.2 billion, primarily due to a sharp decline in imports. This contraction was influenced by President Trump's tariffs, ...
President Donald Trump signed an executive order Thursday, slapping tariffs on most of America's trading partners set to take ...
President Donald Trump just set new tariffs for every country around the world, solidifying his extreme break with America’s long-standing trade policy.
For months President Donald Trump has been slapping higher tariffs on practically every country’s exports to the United States, citing emergency economic powers.
President Trump signs executive order raising Canada tariff to 35% on Thursday, citing the nation's role in allowing illegal ...
India's trade deficit narrows in FY 2025-26 as exports outpace imports, with services showing significant growth.
The Trump administration is using trade negotiations to achieve national security goals, including containing China’s ...
President Donald Trump said India would face a 25% tariff on Aug. 1 and promised other penalties over the country's Russian energy and military buys.