The U.S. trade deficit with countries across the globe fell sharply in April following tariff announcements that stalled imports.

The US trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies ahead of higher tariffs.

Canada posted its largest merchandise trade deficit on record in April — at $7.1 billion — as exports fell sharply in the face of U.S. tariffs.

The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter.

The U.S. trade deficit marked a record-breaking decline in April, as a barrage of steep new tariffs muted the rush of imports that had preceded the new trade barriers. U.S. imports f

The trade deficit in goods narrowed by 46% to $87.6 billion in April from a record $162.3 billion in March, according to the Commerce Department’s advanced estimate released Friday. That’s the narrowest trade gap since December 2023.

The U.S. trade deficit narrowed by a record amount in April ahead of the implementation of President Trump’s tariffs, according to a Thursday release from the U.S. Census Bureau and the U.S.

Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods from the United States.

It was a third straight trade deficit for Canada, and a much bigger shortfall than the C$1.5 billion economists expected.