President Trump says his tariffs are 'reciprocal.' But his formula doesn't try to match the tariffs other countries impose on the U.S. Economists are highly skeptical about the new calculation ...

The IMF marked its assessment of external imbalances to market, but its model and approach still struggle to get China right.

Myanmar - 44%. Balance of trade: The U.S. imported $656.5 million worth of goods from Myanmar, while Myanmar imported $77 million worth from the U.S. What to know: The U.S. has sanctioned Myanmar ...

Balance of Trade. Annual U.S. trade deficits in goods. A bar chart showing the U.S. trade deficits in goods, annually since 2000. 2024 hit a record of $1.2 trillion. ’00 ’05 ’10 ...

Reuters. FILE PHOTO: British Prime Minister Keir Starmer attends a bilateral meeting with President Xi Jinping of China, at the Sheraton Hotel, as he attends the G20 summit in Rio de Janeiro ...

British Prime Minister Keir Starmer attends a bilateral meeting with President Xi Jinping of China, at the Sheraton Hotel, as he attends the G20 summit in Rio de Janeiro, Brazil, November 18, 2024.

All this “fake” trade deficit does is reduce China’s reported current account surplus—as the goods surplus in the balance of payments is now about $300 billion (over 1.5 percentage points ...