the percentage of the trade deficit relative to GDP hasn’t shown any significant rise. As the accompanying chart demonstrates, the most recent percentage remains well below the historical high ...

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

President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff ...

Since President Donald Trump took office for his second term, he has implemented a whirlwind of tariffs with a goal of eliminating US deficits with trade partners that he sees as evidence of ...

Among the most common economic justifications for tariffs today is that they’re needed to shrink a U.S. trade deficit that has long cost us jobs and dragged down economic growth. On both the ...