Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately ...
Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...
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 ...
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 ...