North -Americans’ Bretxes reach a high record as Trump’s rates cause an increase in import

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The United States trade deficit in goods increased to a record in March, as companies charged purchases ahead of the imposition of President Donald Trump of the import rates.

The lag between imports and exports expanded to $ 162 million in March, from $ 92.8 million at the same time by 2024, marking the highest number of records extending until the early 1990’s, according to the United States Census Office.

The increase of the trade Balance was almost completely reduced to an increase in imports, especially those with a long life, such as cars, industrial materials and consumer goods.

The figures add weight to reports that North –

“The image of (in the first quarter of 2025) generally continues to be that President Trump’s tariff threats led to a rush to buy products now instead of cope with higher prices, causing a surprising increase in imports,” said Oliver Allen, a United States economist in Pantheon Macroeconomics.

The President of the United States unveiled a series of reciprocal rates called on April 2, causing a strong sale to the variable income markets and an increase in the financing costs of the United States government, as investors were at risk that the high rates would promote the United States Economy to the recession and the global growth of acrobatics.

While the introduction of many of these rates stopped for 90 days on April 4, a 10 percent reference line is maintained in its place, as it does a 145 percent tax in most Chinese imports. Economists say that even without the April 2 rates in its place, the current scenario leaves the United States commercial functions at its highest effective pace of more than a century.

The report is ahead of the first Estimate of the GDP of the first quarter, which is expected on Wednesday, which is expected to be distorted by the impact of the frontal load.

Analysts responded by Reuters expect an annual quarterly growth of 0.3 percent, less than 2.4 percent of the fourth quarter last year.

But economists say the figures will probably paint an excessively negative image of the U.S. growth.

“The GDP number will tell us very little,” said Isabelle Mateos y Lago, a chief economist in BNP Paribas. “It will be full of noise and will greatly reflect the sum of imports.”

She added, “You have to really look under the hood to see what really happens.”

Economists expect a partial change in the second quarter, as imports fall and increase GDP.

“Today’s (commercial) numbers really emphasize the risk that it may be an impression of negative GDP and, obviously, is preparing us for a very weak 2025,” said James Knightley, an international economist of the bank, “This is a great effort to advance the rates … But we hope that this will be unwilling soon: the data from the ports are already slowing down.”

The Ports of the West Coast, like Los Angeles, have reported a sharp fall in the load volumes in recent weeks, in the midst of signs that vessels carrying products from the east coast of China are behind.

Anecdotal reports of scarcity in construction products and industrial products originally from China have also begun to appear.

Additional Reports of George Steer in New York