President Donald Trump made at least nine false claims in his Friday remarks to reporters in the Oval Office – including a ...

For example, the US trade deficit with Canada exists largely ... other than presidential policy. We mention the fact that Biden-era deficits were lower than Trump-era deficits, though, because ...

A trade balance is not a complicated concept; it’s simply the difference between what a nation exports—both goods and ...

To put the issue in perspective, the last time the US ran a trade surplus (i.e., exports exceeding imports) was 1975; and while we’ve had deficits ... but the fact that none of his advisors ...

President Trump has imposed steep tariffs on Canadian goods, citing trade imbalances and drug trafficking. But many of his ...

Trump has a habit of exaggerating trade deficits to justify tariffs, but the $200 billion figure is so off-kilter that we suspected Trump was counting something else. Indeed, a White House ...

Among the most common economic justifications for tariffs today is that they’re needed to shrink a U.S. trade deficit that has ... fails on the facts and the economics.