Where Data Tells the Story
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In 2024, U.S. goods trade with Asia expanded by 6.8%, reaching $1.96 trillion. U.S. exports to the region grew by 4.0% to $600 billion, while imports rose by 8.2% to $1.36 trillion. Consequently, the U.S. trade deficit with Asia widened by 11.8% to $757 billion.