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mahatmakanejeeves

(68,872 posts)
Thu Jan 29, 2026, 11:32 AM Jan 29

US trade deficit widens by the most in nearly 34 years in November

Source: Reuters

US trade deficit widens by the most in nearly 34 years in November

By Reuters
January 29, 2026 9:42 AM EST Updated 1 hour ago

WASHINGTON, Jan 29 (Reuters) - The U.S. trade deficit widened by the most in nearly 34 years in November amid a surge in capital goods imports, likely driven ​by an artificial intelligence investment boom, which could prompt economists to ‌trim their economic growth estimates for the fourth quarter.

The trade gap increased 94.6% to $56.8 billion, the Commerce Department's Bureau of Economic Analysis and Census Bureau said on Thursday. The percentage change was the largest since March 1992. Economists polled by Reuters had forecast the ‌trade deficit would rise to $40.5 billion.

The report was delayed because ​of the 43-day U.S. government shutdown. Imports jumped 5.0% to $348.9 billion. Goods imports advanced 6.6% to $272.5 billion, with capital goods soaring $7.4 billion to a record high. They were ‍boosted by strong gains in imports of computers and semiconductors. But imports of computer accessories decreased by $3.0 billion.

Imports of other goods were also the highest on record. Consumer goods imports increased by $9.2 billion, ⁠lifted by pharmaceutical preparations. There have been large swings in imports of ‍pharmaceutical preparations, likely related to U.S. tariffs. Imports of industrial supplies fell by $2.4 billion.

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Read more: https://www.reuters.com/business/us-trade-deficit-widens-by-most-nearly-34-years-november-2026-01-29/

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US trade deficit widens by the most in nearly 34 years in November (Original Post) mahatmakanejeeves Jan 29 OP
The AI bubble can't burst soon enough TheFarseer Jan 29 #1
And exports dropped relayerbob Jan 29 #2
Blah. Blah... Tariffs. Blah, blah, blah... n/t Hugin Jan 29 #3
Anyone could have predicted that with TACO's chaotic tariff BS. MLWR Jan 29 #4
It takes a Republican to beat a Republican when it comes to a shit economy Bengus81 Jan 29 #5
MASA wolfie001 Jan 29 #6
Fix it you fucking asshole criminal president mountain grammy Jan 29 #7
Buy our stuff or we will send troops. twodogsbarking Jan 29 #8

TheFarseer

(9,763 posts)
1. The AI bubble can't burst soon enough
Thu Jan 29, 2026, 11:40 AM
Jan 29

Best case scenario, AI is way overrated and we have a disastrous market crash. Worst case scenario it actually can do everything they say, no one has a job anymore and suddenly we’re all living in a garbage dump scrounging for trash to eat - well, 99% of us anyway.

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