Mexico questions Trump's 'unfair' steel tariffs, highlights trade deficit
Mexico's government on Tuesday questioned the fairness of a 25% tariff ordered by U.S. President Donald Trump on its steel and aluminum imports, saying that Mexico buys more steel from the U.S. than it exports to its northern neighbor.
Trump says he'll pursue 'reciprocal' tariffs in latest bid to decrease US trade deficit
Trump said he'd announce a plan next week to impose "reciprocal" tariffs on countries instead of a "flat fee."
The Debate: Do Trump's tariffs mean the end of the post-war free trade world?
President Trump has proposed a sweeping set of tariffs. Does this mark the end of the post-war free trade world?
Trump rails against UK’s ‘huge’ trade deficit as hopes of tariff exemption fade
LONDON — Britain’s chances of dodging Donald Trump’s trade war appeared to fade Monday night, as the U.S. president blasted the U.K.’s “huge” trade deficit with his country while imposing sweeping tariffs on metal imports.
Donald Trump to hit US steel and aluminium imports with 25% tariffs
Donald Trump says he will impose tariffs of 25 per cent on all steel and aluminium imports into the US, threatening to unleash turmoil in commodity markets and ignite trade wars across the global economy.
Trump Steel Tariffs Ramp Up Trade War. How the World Is Reacting.
President Donald Trump just made his trade war global and the rest of the world are scrambling to respond. Some wasted little time reacting on Tuesday. The European Union hit back at the U.S. over tariffs,
Trump raises tariffs on aluminum, steel imports
WASHINGTON >> President Donald Trump moved to substantially raise tariffs on steel and aluminum imports today, canceling exemptions and duty-free quotas for major suppliers Canada, Mexico, Brazil and other countries in a move that could boost the risk of a multi-front trade war.
Trump to announce tariff on steel, aluminum from Canada, Mexico
President Trump says he plans to impose a new 25% tariff on steel and aluminum imports including from Canada and Mexico.
U.S. trade deficit is 'nothing new', says Morgan Stanley's Seth Carpenter
Seth Carpenter, Morgan Stanley chief global economist, joins 'Closing Bell Overtime' to talk what to expect out of the White ...
U.S. Had Biggest Trade Deficits With These 10 Nations In 2024
The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
What you need to know about US-India trade, in 4 charts
With Narendra Modi, prime minister of India, expected at the White House this week, CNN takes a look at the trade ...
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What it means to have a high trade deficit — and why it's not always a bad thing
NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade.
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Trump wants to reduce the trade deficit. Here's why that matters.
The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...
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Record $4.2bn trade deficit is ‘no cause for alarm yet’
# This measures the country’s trade in physical goods, and how much imports exceed exports, resulting in a deficit that broke through the $4bn mark for the first time last year. This represents a 22.6 ...
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Romania’s trade deficit remained high in 2024
After ending 2024 with a trade deficit of EUR33bn, the Romanian trade balance is set to continue to remain under pressure ...