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 ...
The U.S. current account deficit shrank sharply in the third quarter, falling to its lowest level in four years as tariffs ...