The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.
We should stop using terms such as “trade surplus” or “trade deficit.” Trade is always a surplus and the only deficit comes ...
The U.S. ice cream trade surplus largely diminished in 2021 under former President Joe Biden and turned to a deficit in 2022. The change was driven mostly by a jump in imports, primarily from Italy.
President Donald Trump has cited a $40 billion trade deficit with Switzerland to justify a new, high tariff on imported Swiss goods. But his figure ignores trade in services. The overall ...
International financial support has become a fundamental factor in the balance of payments, as it essentially represents ...
The euro zone's trade surplus rose as expected in November despite a economic slowdown and falling trade turnover, mainly thanks to a better trade balance with Russia, Turkey, Norway, Japan and South ...
The size of the trade deficit in absolute terms in the first quarter of 2025-26 is USD 9.4 billion. If this trend persists ...
External current account data for August surprised on the negative side with a deficit that was 2.5 times higher than the ...
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