Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...
Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...
The deficit for the first five months of fiscal 2025 came to $1.147 trillion, up 38%, or $318 billion, from a year earlier.
While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January ...
Donald Trump and his pet program DOGE have been looking for ways to reduce the deficit. The president’s latest idea is a ...
Trump, who has imposed 25% tariffs on almost all products imported from Canada, has repeatedly said this year that the US has ...
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff ...
The Senate passed a Republican-backed bill to fund the government, sending the measure to President Donald Trump’s desk ahead of a midnight funding deadline. The bill, which would fund the government ...
President Trump praised Senate Minority Leader Chuck Schumer for saying he would back the GOP spending bill to avert a government shutdown.