Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

US Trade Deficit Hit Fresh Record Before New Trump Tariffs

US President Donald Trump introduced sweeping tariffs in April 2025 (Credit: AFP)

The US trade deficit reached a new record in March, according to fresh government data published Tuesday, as imports surged ahead of President Donald Trump's "liberation day" tariff rollout.

The overall trade gap of the world's largest economy jumped 14.0 percent to $140.5 billion for the month, the Commerce Department said in a statement.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.