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Trump and his tariffs are set to collide with a widening U.S. trade deficit. There’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.
Dollar down in choppy trade on Trump tariff confusion
The U.S. dollar was lower on Monday in choppy trading after conflicting reports about how aggressive President-elect Donald Trump's tariff plans could be when he takes office. The dollar dropped as much as 1.
Trump denies report about changes to tariff plans
President-elect Donald Trump denied a report about his transition team developing a tariff plan that would be more restrained than his campaign proposals.
Dollar tumbles on report of watered-down tariffs despite Trump pushback
"Welcome to the age of Trump 2.0," ING Economics said of the whiplash in the dollar after a report from The Washington Post and Donald Trump's response.
Dollar drops on reports Trump will scale back tariff plans
The dollar fell on Monday following reports that president-elect Donald Trump’s administration is considering watering down a campaign pledge to apply sweeping tariffs on import
11h
on MSN
Trump trade uncertainty exposes stretched markets to volatility shocks
U.S. financial markets last year were more sensitive to economic surprises than usual, and as Donald Trump prepares to begin ...
15h
NBA trade rumors: Grizzlies told not to trade for Jimmy Butler
Miami Heat star Jimmy Butler wants to be traded before the Feb. 6 trade deadline, just not to the Memphis Grizzlies.
1h
Bullets and Breakers trade swat blows on consecutive plays
Tyrell Harrison blocks the shot for the Bullets before Sean Bairstow denies the fast break for the Breakers for some high ...
4h
on MSN
US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as ...
12h
Jimmy Butler Trade Rumors: Grizzlies, More NBA Teams Told Not to Deal for Heat Star
Miami Heat star Jimmy Butler might be more selective than he led people to believe as he attempts to engineer an exit from ...
14h
Dolphins GM says Tyreek Hill hasn't asked for trade despite comments; top landing spots for star WR if dealt
Dolphins general manager Chris Grier told reporters Tuesday that Hill has not specifically requested a trade, suggesting the ...
19h
Canada posts nine straight months of trade deficit, surplus with US widens
Canada recorded a ninth consecutive monthly trade deficit in November, albeit smaller than expected, as exports rose faster ...
7h
Heat's Jimmy Butler Says He Still Thinks He's in His 'Prime' Amid NBA Trade Rumors
As Jimmy Butler awaits a trade from the Miami Heat, he believes he still has plenty to give to a team willing to strike a ...
10h
on MSN
Braves Could Trade For $34 Million Star Infielder After Bombshell Report
The Atlanta Braves may be in the market for a shortstop and they could swing a trade for Toronto Blue Jays star Bo Bichette.
6h
on MSN
China expands consumer trade-in scheme to revive economic growth
China expanded the scope of consumer trade-ins for home appliances and will give more subsidies for digital purchases this ...
1d
Who wants Jakob Poeltl? How about Bruce Brown? Exploring your Raptors trade ideas
This is a package the Grizzlies could use to try to upgrade the roster. Clarke and Kennard both have their uses as key ...
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