The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant ...

Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...

There’s a lot happening in global markets just two months into the new year. Trump’s tariffs, DeepSeek, European defence ...

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 deficit was larger than all but one estimate in a Bloomberg survey of economists. The value of imports rose 10% to a record $401.2 billion, while exports increased 1.2%. The figures aren’t ...

The impact of gold in the US trade balance isn’t easy to spot, as movements in gold bars are well hidden in US statistics.

[Stay on top of transportation news: Get TTNews in your inbox.] The U.S. trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald ...