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

Though Trump often describes trade deficits as subsidies or losses, having a deficit does not mean the US is giving away money for nothing. For example, the US trade deficit with Canada exists ...

But Donald Trump sees the greenback's current strength as a cause behind trade deficits and a big hindrance to his ...

The Commerce Department reported a record $918.4 billion U.S. trade deficit in 2024. President Trump believes a trade deficit is harmful to the American economy because it signifies that the U.S ...

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

In 2024, the US ran a net $1.2 trillion trade deficit in goods, meaning a higher value of goods was imported than exported. The 701 squares below are the biggest contributors to the deficit ...

The country has historically run a trade deficit, meaning it imports more goods and services than it sells. Some economists say that a deficit can lead to an accumulation of national debt as the U ...

This article originally appeared on our US website. What impact could President Donald Trump’s tariff plans have on the economy? Higher tariffs would unambiguously reduce real g ...