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

Trump has always been concerned about a lack of reciprocity with US trade partners, believing that is why the US has been ...

President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, ...

Australia is one of the few countries the US has a trade surplus with. Here's why that could help make the country's case for a tariff exemption.

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.

raised the possibility of implementing universal tariffs as a strategy to combat the nation's trade deficit. Greer stated that exploring universal tariffs is essential to determine whether such ...

WASHINGTON, Feb. 5 (Xinhua) -- The U.S. trade deficit widened sharply in December, as imports reached an all-time high amid looming tariff threats, according to data released on Wednesday. The ...

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 ...

Politicians instinctively promise policies to reduce imports in response to chronic U.S. trade deficits. However, trade deficits are not a problem — they are merely a symptom of something more ...

In 2024, the overall US trade deficit grew to $918.4 billion, widening 17 percent from 2023 as imports ballooned more than exports, said the Commerce Department. This could attract renewed scrutiny ...