U.S. trade deficit drops 24% in August as Trump's tariffs reduce imports [Globe and Mail, The (Toronto, Canada)]
Comerica Incorporated (CMA)
Last comerica incorporated earnings: 4/21 06:34 am
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Source: Globe and Mail, The
President Donald Trump dropped tariffs on some grocery products last week over inflation concerns. Matt Rourke/The Associated Press In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said Wednesday that the gap between what the United States buys from other countries and what it sells them fell to US$59.6-billion in August, from US$78.2-billion in July. U.S. exports blipped up 0.1 per cent in August to US$280.8-billion. Trump, charging that America's persistent trade deficits mean that other countries have taken advantage of the U.S., has overturned decades of U.S. policy in favour of free trade, slapping double-digit tariffs on imports from most countries and targeting specific products, including steel, copper and autos, with their own levies. Still, the U.S. trade deficit is up so far in 2025, coming in at US$713.6-billion through August, up 25 per cent from US$571.1-billion in January-August 2024. U.S. Supreme Court
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CMA
Earnings
- 10/20/25 - Beat
CMA
Sec Filings
- 12/2/25 - Form 4
- 12/1/25 - Form 4
- 11/26/25 - Form 4
- CMA's page on the SEC website