The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a record surge in customs revenue.
WASHINGTON, Jan 14 (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on imports and primary income surged. The Commerce Department's Bureau of ...
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US current account deficit shrinks to four-year low as tariffs bite and income surges
The U.S. current account deficit shrank sharply in the third quarter, falling to its lowest level in four years as tariffs ...
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