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China and Mexico ran the biggest trade deficits with the U.S. in 2024. What about Canada?

February 5, 2025
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China and Mexico ran the biggest trade deficits with the U.S. in 2024. What about Canada?




The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited most from sending goods to America. Canada? Not so much.



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