Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs
The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s ...
What Trump actually wants from tariffs
President Donald Trump says he believes tariffs are a panacea: a catch-all economic tool that can restore America’s ...
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.
Morningstar3d
Why Tariffs Will Hurt US Economic Growth but Likely Won’t Reduce the Trade Deficit
Somewhat counterintuitively, we think they’re unlikely to help in reducing the trade deficit, an oft-stated goal of Trump’s. Real GDP measures the size of economic output, so any reduction in ...
Wall Street Journal24d
Trump’s Myth of the Trade Deficit
The commitment both to eliminate trade deficits and to pursue foreign investment shows the inconsistency of the Trump administration’s policy. Trade deficits and capital surpluses are two ...
CNN10d
Fact check: Trump wildly exaggerates trade deficits with Canada, Mexico, China and the EU
President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his ...
Could President Donald Trump’s tariffs spur a recession?
An economist warns consumers about a potential economic downturn with President Donald Trump's trade war pressing on.
Donald Trump says he won't bend on tariffs; stocks end lower: Live updates
Trump tariffs. DOGE cuts. Government shutdown talks. Recession fears. Keep up with the USA TODAY Network's live coverage.