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Keywords: Trade Deficit


US trade deficit hits $1.24 trillion in 2025 despite tariffs

The United States recorded a historic trade deficit of $1.241 trillion in 2025, marking a 2.1% increase compared with the previous year, according to data released by the US Department of Commerce. This record deficit occurred despite the implementation of tariffs aimed at rebalancing trade flows with......

Rabobank warns ECB euro liquidity plan could widen trade deficits

Rabobank has raised concerns over the European Central Bank’s decision to expand its euro repo facility to central banks worldwide, warning that the move could require larger European trade deficits and a stronger euro, outcomes that may prove politically sensitive across member states. In its......

WTO chief warns China’s $1.2 trillion trade surplus is unsustainable

World Trade Organization Director General Ngozi Okonjo-Iweala has urged China to rethink its export-driven growth strategy, warning that the country’s record $1.2 trillion trade surplus cannot be sustained because the rest of the world is unable to absorb it. Speaking at the Munich Security Conference,......

Macron threatens China with tariffs to protect European industry

French President Emmanuel Macron has warned China that Europe may impose tariffs in the coming months if Beijing does not take steps to reduce its growing trade deficit with the European Union. Macron made the remarks following an official visit to China, where he met with students at Sichuan University. Macron......

France’s trade deficit narrows to €5.8 billion in August

France’s trade deficit narrowed for the third consecutive month in August, reaching €5.8 billion, according to data released by the customs office on Tuesday. The improvement was driven by an increase in exports and stable import levels. Exports rose by €300 million, totaling €51.8......

Morocco's trade deficit surges 18.4% to reach $17.81 billion in early 2025

Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......

Morocco to renegotiate free trade pact with Turkiye amid trade deficit concerns

Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......

China’s tariff exemption on African imports offers Morocco a chance to shrink trade deficit

Economic experts in Morocco view China’s recent removal of customs duties on imports from African countries as a significant chance for Morocco to address its longstanding trade imbalance with China. Despite Morocco achieving record exports worth $1.3 billion to China last year, this amount remains......

Morocco's trade deficit swells to MAD 71 billion in early 2025

Morocco's trade deficit has surged dramatically in the first quarter of 2025, reaching MAD 71.63 billion ($7.1 billion), marking a 16.9% increase compared to the same period last year. This troubling statistic, released by the Office des Changes, underscores a significant imbalance in the country's......

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