Capital Economics argues that while Trump is right to focus on the trade deficit, his reasoning is flawed. Trade deficits do ...
Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...
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 ...
Importers brought in a whole lot of electronics, pharmaceutical products and other goods that would be exposed to the Donald Trump administration’s new tariffs, causing the trade deficit to ...
However, the federal government spent much more than it earned — it ran a budget deficit of more than 6 percent of GDP. That has pushed the country’s trade deficit to roughly 3 percent of GDP ...
The numbers: The U.S. trade deficit in goods exploded to a record high in January as businesses raced to acquire foreign goods ahead of new tariffs. The trade gap widened by 25.6% to a record $153 ...
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