What you need to know about US-India trade, in 4 charts
With Narendra Modi, prime minister of India, expected at the White House this week, CNN takes a look at the trade ...
Business Insider12d
Trump wants to reduce the trade deficit. Here's why that matters.
The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...
The Washington Post6d
Why Trump can’t close the trade deficit
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.
The Globe and Mail6d
Do trade deficits matter? How economists think about Trump’s obsession
Much of this is in the pursuit of a single goal: Shrinking the U.S. trade deficit. A mercantilist, Mr. Trump sees international commerce as a zero-sum game. If a country imports more than it ...
Yahoo Finance6d
Will tariffs reduce trade deficits? Experts weigh in
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 ...