The US dollar is the world's most important reserve currency. But Donald Trump sees the greenback's current strength as a ...
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 tariff ...
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 ...
However, in interviews and social media posts, Mr. Trump has exaggerated the size of the U.S.trade deficit with Canada and the amount of fentanyl coming over the northern border. The president ...
On Friday, Trump claimed "bad management" under the previous Biden administration was responsible for the high U.S. trade deficit with Canada over the past four years, which he put at US$250 billion.