The US seems afflicted by a ‘trade deficit disorder.’ Like the fabled grasshopper, it gets not just cheap goods from the ...
President Donald Trump is right about trade deficits in one regard. The United States operates on a lot of trade deficits. Whether or not the U.S. has been getting “ripped off” for decades might be ...
The main one is that he made the U.S. the biggest loser.
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
To President Trump, one economic number represents everything that is wrong with the global economy: America’s trade deficit.
Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately ...
The U.S. trade deficit grew again at the end of last year as exports slipped, widening a gap the new administration has vowed ...
The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, as some businesses sought to bring in more imports before President Trump raised tariffs. The trade ...
The U.S. trade deficit grew again at the end of last year as exports slipped, widening a gap the new administration has vowed to address.