The U.S. trade deficit fell by nearly 24% in August as President Donald Trump's sweeping global tariffs pushed imports lower.
The travel trade deficit is projected to reach $70 billion in 2025, the US Travel Association said. The United States has historically had a travel trade surplus, but inbound travel has declined. The ...
The widely anticipated effects of President Donald Trump's tariff program are starting to emerge in the macroeconomic data. The latest Bureau of Labor Statistics report on import prices shows costs ...
It is normal for a country to have deficit with some of its trading partners and surpluses with others. President Donald Trump and members of his administration claim that international trade is rife ...
The U.S. agricultural trade deficit hit a record $28.6 billion the first half of 2025, according to data released from USDA. It’s due to weak production growth, increased demand for imported food and ...
The Agriculture Department estimated Thursday the U.S. agricultural trade deficit would narrow in fiscal 2026 despite a projected plunge in sales to China, which has yet to reach a trade deal with ...
Mr. Prasad is a professor of trade policy in the Dyson School at Cornell University and a senior fellow at the Brookings Institution. It looks as though President Trump is winning the trade wars.
WASHINGTON (AP) - President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a ...
Given the importance of this indicator, the better-than-expected trade balance figure is likely to boost investor confidence in the U.S. economy. A decrease in the trade deficit is generally viewed as ...
If the Trump administration wants to use tariffs to fight “persistent” goods trade imbalances, the right statute is Section 122 of the Trade Act, not the International Emergency Economic Powers Act.
President Trump has overturned decades of US policy in favor of free trade, slapping double-digit tariffs on imports from ...
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