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

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 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 ...

The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.

Another reason why Trump’s logic may not work is the US dollar exchange rate. The dollar has soared in recent months, ...

President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods ...

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 ...

Mexico’s government on Tuesday questioned the fairness of a 25% tariff ordered by US President Donald Trump on its steel and ...

Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President ...

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 illegal ...

That deficit is the total value of what the United States imports from other ... Mr. Trump rolled out a dramatic series of trade actions against Canada, Mexico and China in recent days, signing ...