Catenaa, Thursday, May 29, 2025– US corporate profits fell by 42% quarter-over-quarter in the first quarter, official data showed on Thursday, and risks from tariffs-related costs could continue throughout the year. Commerce Department’s Bureau of Economic Analysis (BEA) said that profits from current production with inventory valuation and capital consumption adjustments dropped $118.1 billion last […]

Catenaa, Tuesday, June 24, 2025- US current account deficit widened to an all-time high of $450 billion in the first quarter, official data showed on Tuesday, as businesses front-loaded imports to avoid President Trump’s tariffs on imported goods. The Commerce Department’s Bureau of Economic Analysis said the current account deficit, which measures the flow of […]

Catenaa, Tuesday, July 08, 2024- US container imports from China fell by 28.3% year-on-year in June, after higher tariffs on goods by President Donald Trump took effect. Supply chain technology provider Descartes said on Tuesday that overall US container imports fell 3.5% from June 2024 levels, coming in at 2.2 million 20-foot equivalent units (TEUs). […]

Catenaa, Tuesday, May 06, 2025- The US trade deficit in the first quarter of 2025 increased by over 92% to $438 billion as imports surged by 23% in the quarter ahead of the tariffs by President Trump. Commerce Department’s Bureau of Economic Analysis (BEA) said on Tuesday that the goods and services deficit increased $189.6 […]