Trump’s Myth of the Trade Deficit
Economic growth depends on deregulation, tax cuts and the budget deficit, not on the balance of trade.
Record high imports pressure US trade deficit
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, which might have prompted businesses to rush purchases of foreign-made ...
Business Insider on MSN12d
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
Mexico’s economy secretary to meet with Trump officials in US in ‘first conversation’ on trade
Mexico’s Economic Minister Marcelo Ebrard says that he will meet on Thursday with Trump administration officials in ...
Record high imports sharply widen US trade deficit in December
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, ...
Will Trump’s tariffs boost the US economy? Don’t count on it
Another reason why Trump’s logic may not work is the US dollar exchange rate. The dollar has soared in recent months, ...
Politico15d
Trump’s nemesis, the US trade deficit, hit record high in 2024
The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union. The EU data ...
USA Today15d
US trade deficit widens sharply in December as imports hit record high
The U.S. trade deficit widened sharply in December as imports surged ... The White House said the tariffs were to "hold Mexico, Canada, and China accountable to their promises of halting ...
Map Shows Countries Getting Biggest Boost From US Trade
United States' trade deficit—total goods and services imports minus exports—jumped 25 percent last month, according to the ...