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US trade deficit grows to a record, so are tariffs now more likely?

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The US trade deficit grew to a record US$1.2trillion in 2024 so will President Trump use it as ammunition to push through futher tariffs? SBS Finance Editor Ricardo Gonçalves discusses the implications with Shane Oliver from AMP Capital; plus the day on the sharemarket with Chris Weston from Pepperstone.

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By Ricardo Goncalves

Source: SBS News

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The US trade deficit grew to a record US$1.2trillion in 2024 so will President Trump use it as ammunition to push through futher tariffs? SBS Finance Editor Ricardo Gonçalves discusses the implications with Shane Oliver from AMP Capital; plus the day on the sharemarket with Chris Weston from Pepperstone.

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