U.S. Trade Deficit Widens to Largest in a Year

The value of exports edged up 0.1%, but imports rose 1.1%, led by capital goods and motor vehicles.

By Mark Niquette | March 07, 2024 at 12:00 PM

Photo: Shipping containers sit stacked on a container ship docked at the Port of Oakland, California, on August 7, 2023. (Photo by Justin Sullivan/Getty Images)

The U.S. trade deficit widened in January by more than forecast, driven by a pickup in the value of imports while exports were little changed.

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