Trade deficits are a distraction — focus instead on the debt
Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately ...
Under threat of Trump tariffs, UK posts rare goods trade deficit with US
Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...
The New York Times9d
One Economic Number Has Vexed Trump for Decades
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again. By Ana Swanson Ana Swanson covers international trade and is based in Washington To President ...
Business Insider5d
Trump wants to reduce the trade deficit. Here's why that matters.
The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...
Yahoo Finance9d
Record high imports pressure US trade deficit
The trade deficit swelled 17.0% to $918.4 billion in 2024, the largest since 2021. Imports increased 3.5% to an all-time high of $364.9 billion. Goods imports soared 4.0% to $293.1 billion.
AOL9d
Opinion - Trade deficits are a distraction — focus instead on the debt
But as all economists know, the trade deficit also represents the excess of our country’s aggregate spending over its income. The fundamental links between government spending, foreign borrowing ...