"You can always become a state, and if you are a state we won't have a deficit. We won't have to tariff you." Trump's threat to annex Canada 'real ... GDP of almost $30 trillion US, the trade ...

Peter Navarro, his trade adviser ... The US federal deficit in the 2025 fiscal year will be $1.9 trillion, or 6.2pc of GDP, according to the Congressional Budget Office (CBO) – not too far ...

President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, though economists say it's unlikely to narrow that gap.

The prevailing dislike for imports among America’s political class has an old and bipartisan pedigree. At least since the ...

But the overall U.S. trade deficit didn't change, as a share of GDP it was basically flat," Lincicome said, noting that trade deficits with countries like Vietnam grew as the China trade deficit ...

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 ...

Most economists think the U.S. trade deficit today is tied to rapid growth, high consumption and massive federal government deficits, which topped 6 per cent of GDP last year. “It’s structural ...

U.S. President Donald Trump's claim that his country subsidizes Canada with hundreds of billions of dollars every year has become a key plank in his argument for annexing the country. But do his ...

SINGAPORE: Singapore's trade deficit with the United States may help it avoid being targeted by tariffs, but the country still faces risks from trade tensions, economists said on Friday (Feb 14).

Trump has always been concerned about a lack of reciprocity with US trade partners, believing that is why the US has been ...