Trump, Tariffs and trade deficit
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USA TODAY |
A trade deficit can emerge when a country becomes an ideal destination for foreign investment.
U.S. News & World Report |
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while esc...
Chicago Tribune |
Trump’s turnaround Wednesday capped a wild week in U.S. trade policy.
Read more on News Digest
US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean and why it matters
Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with every U.S. trading partner.
The US has relied on its 'golden credit card' to run fiscal deficits for decades, the Oaktree cofounder wrote.
The U.S. government posted a $161 billion budget deficit for March, down 32% or $76 billion from a year earlier, a decline due largely to a calendar shift for benefit payments as receipts continued to grow,
Speaking to reporters Sunday on Air Force One, President Donald Trump defended his new global tariffs with a familiar series of false claims about tariffs and trade.
Netanyahu said he will eliminate Israel's trade deficit with the US, which totaled $7.4 billion in goods in 2024.
The best way to keep America great is to ensure it remains the world’s most important economy.
6don MSN
To calculate its ‘reciprocal tariffs’, the Trump administration has opted for a crude formula with no basis in trade theory. We are all going to pay the price.
The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on track to be a drag on economic growth in the first quarter.
More exports not only reduce deficits but also bring broader economic benefits ... And unlike in most other nations, trade’s importance in the US economy has been falling in recent years.
President Donald Trump’s US Trade Representative Jamieson Greer on Tuesday defended the administration’s expansive tariffs during a routine hearing before the Senate Finance Committee.