{"id":35689,"date":"2025-09-15T15:23:06","date_gmt":"2025-09-15T15:23:06","guid":{"rendered":"https:\/\/financialrush.com\/?p=35689"},"modified":"2025-09-15T15:23:06","modified_gmt":"2025-09-15T15:23:06","slug":"trump-tracker-us-trade","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=35689","title":{"rendered":"Trump tracker: US trade"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Unlock the White House Watch newsletter for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\">Your guide to what Trump\u2019s second term means for Washington, business and the world<\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=1902feb4-9c1c-4c90-ba6b-235e89fda784&amp;newsletter-id=65b8fec772badb00166eafc6\"><\/iframe><\/div>\n<div id=\"article-body\">\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"21484607\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#21484607\"><picture data-asset-type=\"flourish\" data-flourish-id=\"21484607\" data-flourish-type=\"visualisation\">\n<div id=\"21484607\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><\/picture><\/a><\/figure>\n<\/div>\n<h2 id=\"latest-trade-data\" class=\"n-content-heading-2 o3-editorial-typography-chapter\">Latest trade data<\/h2>\n<p>The overall US trade deficit, covering both goods and services, was $78.3bn in July, up from $59.1bn in June. The decrease in the deficit was driven by a fall in imports, according to the <a href=\"https:\/\/www.bea.gov\/news\/2025\/us-international-trade-goods-and-services-july-2025\" data-trackable=\"link\">Bureau of Economic Analysis<\/a>.<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"21965982\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#21965982\"><picture data-asset-type=\"flourish\" data-flourish-id=\"21965982\" data-flourish-type=\"visualisation\">\n<div id=\"21965982\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F21965982%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<p>US import volumes have swung wildly as consumers and businesses rushed to buy foreign goods before Trump\u2019s April 2 \u201cliberation day\u201d tariffs announcement.<\/p>\n<p>Imports surged to a record high in March, before falling sharply in the second quarter of the year.<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"24566650\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#24566650\"><picture data-asset-type=\"flourish\" data-flourish-id=\"24566650\" data-flourish-type=\"visualisation\">\n<div id=\"24566650\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F24566650%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<p>Imports of pharmaceuticals soared about 160 per cent in March from the same month the previous year, as companies rushed to build stockpiles after Donald Trump threatened to hit the sector with tariffs.<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"24566651\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#24566651\"><picture data-asset-type=\"flourish\" data-flourish-id=\"24566651\" data-flourish-type=\"visualisation\">\n<div id=\"24566651\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F24566651%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<h2 id=\"overview-of-us-trade-in-goods\" class=\"n-content-heading-2 o3-editorial-typography-chapter\">Overview of US trade in goods<\/h2>\n<p>The US is the world\u2019s largest single importer, playing a crucial role in the global flow of goods. But trade volumes and partners vary considerably by sector.<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"22358501\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#22358501\"><picture data-asset-type=\"flourish\" data-flourish-id=\"22358501\" data-flourish-type=\"visualisation\">\n<div id=\"22358501\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F22358501%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<p>Mexico has been the largest foreign supplier of goods to the US annually since 2023, following a decline in imports from China after tariffs were introduced during Trump\u2019s first term as president.<\/p>\n<p>Canada, China and Mexico are the three largest suppliers to the US, accounting for more than 40 per cent of imported goods.<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"21441823\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#21441823\"><picture data-asset-type=\"flourish\" data-flourish-id=\"21441823\" data-flourish-type=\"visualisation\">\n<div id=\"21441823\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F21441823%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<p>Overall, the US runs an annual global trade in goods deficit in excess of $1tn, but the picture varies considerably on a per-country level.<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"21461881\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#21461881\"><picture data-asset-type=\"flourish\" data-flourish-id=\"21461881\" data-flourish-type=\"visualisation\">\n<div id=\"21461881\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F21461881%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<p>Mexico and Canada are far more reliant on exporting to the US than other G20 countries.<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"21461161\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#21461161\"><picture data-asset-type=\"flourish\" data-flourish-id=\"21461161\" data-flourish-type=\"visualisation\">\n<div id=\"21461161\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F21461161%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<h2 id=\"overview-of-trade-in-services\" class=\"n-content-heading-2 o3-editorial-typography-chapter\">Overview of trade in services<\/h2>\n<p>According to the OECD, the top three suppliers of services to the US in 2023 were the UK (13.4 per cent of total US service imports), Canada (6.8 per cent) and Germany (6.4 per cent).<\/p>\n<p>The top export markets for US services in the same period were Ireland (12.3 per cent of US services exports), Canada (7.6 per cent) and the UK (7.3 per cent).<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"21832294\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#21832294\"><picture data-asset-type=\"flourish\" data-flourish-id=\"21832294\" data-flourish-type=\"visualisation\">\n<div id=\"21832294\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F21832294%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<p>Explore individual trade in services country data (imports, exports and overall balance) using the interactive chart below:<\/p>\n<div class=\"n-content-layout\" data-component=\"flourish\" data-component-id=\"21832800\" data-component-type=\"flourish-in-article\">\n<figure class=\"n-content-picture n-content-layout__container\"><a href=\"#21832800\"><picture data-asset-type=\"flourish\" data-flourish-id=\"21832800\" data-flourish-type=\"visualisation\">\n<div id=\"21832800\" class=\"cp-message o-message o-message--inform o-message--notice\" data-o-component=\"o-message\">\n<div class=\"o-message__container\">\n<div class=\"o-message__content\">\n<p class=\"o-message__content-main\">Some content could not load. Check your internet connection or browser settings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fpublic.flourish.studio%2Fvisualisation%2F21832800%2Fthumbnail%3FcacheBuster%3D976638?source=cp-content-pipeline&amp;fit=scale-down&amp;quality=highest&amp;width=1020&amp;dpr=1\" alt=\"\"\/><\/picture><\/a><\/figure>\n<\/div>\n<p><em>Reporting by Alan Smith, William Crofton, Jonathan Vincent, Oliver Hawkins, Martin Stabe, Sam Learner and Eva Xiao. Additional development by Caroline Nevitt, Eade Hemingway and Gaku Ito<\/em><\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/1902feb4-9c1c-4c90-ba6b-235e89fda784\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the White House Watch newsletter for free Your guide to what Trump\u2019s second term means for Washington,&hellip;\n","protected":false},"author":5,"featured_media":35690,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-35689","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/35689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35689"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/35689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/35690"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}