Economic growth depends on deregulation, tax cuts and the budget deficit, not on the balance of trade.

President Donald Trump issued a memorandum on reciprocal trade and tariffs on Feb. 13, 2025, citing the economic and national security threat posed ...

The rupee seems to be falling freely against the dollar, fuelled by a strong dollar, high US interest rates and reduced net capital inflows. Donald Trump’s policies of tariff hikes and tighter ...

President Donald Trump is taking his enthusiasm for tariffs to a new level. In his latest move, he has announced a policy of ...

Ray Dalio warns of a looming 'economic heart attack' if the US doesn't slash its burgeoning fiscal deficit. With the national ...

How worried should Ireland - and the rest of the EU - be about the "fair and reciprocal plan" for tariffs announced by US ...

Since being sworn into office on Jan. 20 for his second nonconsecutive term as president, Trump has moved quickly on the ...

The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, as some businesses sought to bring in more imports before President Trump raised tariffs.

NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade.

Canada’s energy exports surged in 2024, pushing its trade surplus with the US to a two-year high. Meanwhile, the US trade deficit ballooned by 17% to $918.4 billion, with a $295.4 billion deficit ...

The U.S. trade deficit surged in December as imports hit a record high, driven by businesses rushing to secure foreign-made goods ahead of potential tariffs. The deficit jumped 24.7% to $98.4 ...

The U.S. trade deficit widened in December as imports surged amidst tariff concerns. Tariff-related import surges primarily drove this deficit, with businesses rushing to buy foreign goods. The ...