While persistent trade deficits are worrisome for many countries, that isn’t the case for the U.S.—and that’s a good thing.

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

depriving domestic workers of good-paying jobs. But there is a more constructive way to look at a trade deficit. The $918.4 billion deficit reflects an equal $918.4 billion capital surplus.

President Donald Trump says he believes tariffs are a panacea: a catch-all economic tool that can restore America’s ...

As a percentage of total trade, the U.S. deficit is down, improving over time, for those who ascribe to the notion that deficits are bad. Then there’s GDP. The United States’ GDP has increased ...

Unfortunately, the truth here is bad news for Trump: Economists have long understood that higher tariffs do not, in general, reduce trade deficits. In fact, global data show that countries with ...

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 ...

Trump is wrong on two counts. The U.S. trade deficit is not caused by foreigners—it is homegrown, made in the good old U.S.A. It also is not inherently bad; in fact, for Americans, it is a ...

U.S. President Donald Trump. 33,571 people played the daily Crossword recently. Can you solve it faster than others?33,571 people played the daily Crossword recently. Can you solve it faster than ...