Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...

The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited ...

President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...

With Narendra Modi, prime minister of India, expected at the White House this week, CNN takes a look at the trade ...

Trump has repeatedly voiced his grievances against the EU, stating “they don’t take our cars, they don’t take our farm ...

President Trump plans to impose fresh tariffs on all aluminum and steel imports, seeking to curb China’s growing dominance in ...

Cargo cranes remove containers in Tacoma, Washington, in November 2019. (Ted S. Warren/AP) The prevailing dislike for imports among America’s political class has an old and bipartisan pedigree.

Part of that strategy is Trump's belief that tariffs will help reduce trade deficits. After his initial announcement of 25% tariffs on Mexico and Canada, Trump said the countries "have to balance ...

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 ...

President Donald Trump has long sought to tackle the country's overall trade deficit. The combined goods and services trade deficit hit $918.4 billion in 2024, a big increase from 2023.