News

‘Totally Silly.’ Trump’s Focus on Trade Deficit Bewilders Economists.
Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with ...
US trade deficits are necessary to protect entitlements
More than half a century ago, Milton Friedman warned us that the jargon for discussing trade deficits was "upside-down.
The Trade Deficit Is a Sign of Wealth
The best way to keep America great is to ensure it remains the world’s most important economy.
Tariffs Won’t Fix Our Trade Imbalance. This Will.
America’s trade deficits are not a result of cheating. They are the mirror image of our large capital surpluses, which in ...
Fact check: Trump falsely says Europe doesn’t buy anything from US, wildly exaggerates trade deficit with China
As he has before, Trump wildly exaggerated the US trade deficit with China — describing it as more than three times ...
Vox8d
The misunderstanding breaking the global economy
The problem, he says, is that the US has trade deficits with other countries. He believes that, if we buy more from a country than they buy from us, the other country is “beating” us.
UK in 'good position' for US trade agreement, as Vance talks up chances of deal
As we’ve been reporting, US Vice-President JD Vance says there is a “good chance” that the US and UK will come to a mutually ...
Foreign Affairs5d
Trade Wars Are Easy to Lose
In short, the Trump administration believes it has what game theorists call escalation dominance over China and any other ...