Growing gaps with Mexico and Vietnam add to the biggest imbalance the U.S. faces—with China.
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
Meanwhile, according to the United States ... budget deficit will climb to $1.9 trillion. There’s also increasing concern about Social Security’s sustainability. According to the program’s ...
Without significant changes, the United States will face unprecedented ... CBO also estimates the annual budget deficit will soar to $2.4 trillion in 2033, $2.5 trillion in 2034 and $2.7 trillion ...
WASHINGTON (Reuters) - The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, from a year ago, the Treasury Department said on ...
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 U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant for President Trump. On Feb. 13, the president announced that his ...