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

Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...

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 since then, over the last 15 years or so ...

Photo: Kevin Lamarque/Reuters/Amanda R. Gray/U.S. Navy The Commerce Department reported a record $918.4 billion U.S. trade deficit in 2024. President Trump believes a trade deficit is harmful to ...

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 ...

Photo: Stefani Reynolds/Bloomberg/Chip Somodevilla/Getty Images It seems to be a matter of faith among protectionists that trade deficits make the U.S. an economic loser. President Trump considers ...

The United States ran historically large trade deficits during the 2000s and accumulated large debts to both official and private foreign lenders. This development has raised doubts in many ...

[Stay on top of transportation news: Get TTNews in your inbox.] The U.S. trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald ...

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 ...