Topic
Commerce Department
Trump Imposes Up to 100% Tariffs on Certain Imported Drones and Components
President Donald Trump signed a proclamation imposing tariffs of up to 100% on imported drones and components, aiming to curb foreign dependence and boost U.S. manufacturing.
US trade deficit widens to $77.6 billion as capital goods imports surge
A spike in capital goods imports and a decline in outbound shipments pushed the U.S. trade deficit to its highest level since March 2025. Economists warn the widening gap could act as a significant drag on second-quarter GDP growth.