Politicians claim that trade deficits are due to the lack of trade barriers. However, as Ludwig von Mises explained, one ...

The tariffs began taking effect at midnight on Tuesday, shortly after collections under the International Emergency Economic ...

Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest ...

2025 was supposed to be the turning point. After nearly a trillion dollars in annual trade deficits, America was ready to ...

The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...

The Trump administration's aggressive tariff strategy has collided with a sharp swing in the trade numbers, leaving the United States with its smallest trade gap in five years and a very different ...

The U.S. trade deficit for goods hit a record level despite President Trump’s tariff policy.

U.S. trade deficit narrowed 39% to $29.4 billion in October Imports fell sharply, led by declines in consumer and industrial goods Exports rose to a record high, boosted by precious metals Trade could ...

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...

One possible outcome of the Trump-Kim summit could be changes to the looming trade war with China. President Trump has long railed against our... What Is A Trade Deficit? And Why Does It Matter? One ...

The Agriculture Department is projecting that the ag trade deficit will shrink in FY2026 even more than previously anticipated. USDA expects the trade deficit to fall from $43.7 billion in FY2025 to ...

In a remarkable turnaround, the U.S. deficit with Mexico has been larger than the deficit with China for three of the last five months and four of the last seven. In fact, the annual U.S. deficit with ...