The commercial deficit in the US reached a record for the import wave before tariffs

The commercial deficit in the US reached a record for the import wave before tariffs

The commercial deficit of goods and services increased 14% compared to the previous month and reached US $ 140.5 billion.

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The companies in USA They rushed to import products while the Trump administration prepared its tariff battery. Thus, the result was that eThe United States commercial deficit was extended to a record in March, since the commercial deficit of goods and services increased by 14% compared to previous monthreaching US $ 140.5 billion, according to data from the Department of Commerce published on Tuesday.

In March 2025, the United States commercial deficit reached a historical record of US $140.5 billion, driven by a 4.4% increase in imports, which added US $ 419,000 million. This increase was mainly due to the fact that companies advanced purchases before the imminent imposition of tariffs by the Donald Trump government. Exports, meanwhile, barely grew 0.2%, arriving au $ 278.5 billion.

The increase in imports was concentrated in consumer goods, especially pharmaceutical products, as well as capital goods and motor vehicles. This business behavior reflects a strategy to ensure supplies before the entry into force of expansive tariffs announced on April 2.

MARKET WAR TARIFELES

The impact of the war of tariffs in the United States.

The impact of the war of tariffs in the United States.

Depositphotos

The United States GDP falls

As a result, The Gross Domestic Product (GDP) of the United States contracted 0.3% annualized in the first quarter of 2025, this being the first fall since 2022. Net exports reduced almost 5 percentage points to economic growth, the greatest registered negative contribution.

Adjusted to inflation, The total commercial merchandise deficit of the United States was extended to a record of US $ 15.9 billion in March.

However, Survey data from the Institute for Supply Management indicate a decrease in imports by manufacturers and service providers, which suggests that the strategy of advancing purchases before the imposition of tariffs could be coming to an end.

Source: Ambito

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