The president’s plan, whatever it is, seems to spring from his belief that trade deficits are bad and must be eliminated.

India's trade deficit shrank significantly to USD 14.05 billion in February 2025, marking its lowest level since August 2021.

A trade balance is not a complicated concept; it’s simply the difference between what a nation exports—both goods and ...

The figures showed Ireland had a trade surplus in goods with the US amounting to €70 billion in 2024. However, when it came to services, Ireland had a trade deficit amounting to €163 billion, meaning ...

Trump imposes 25% tariff on auto imports to boost domestic manufacturing, risking global trade war and higher prices.

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 ...

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 ...

Trump, who has repeatedly described India as a “tariff king” and a “big abuser” of trade ties, reiterated his threat last ...

One small business has paid nearly $30,000 in the past two months.