Economic growth depends on deregulation, tax cuts and the budget deficit, not on the balance of trade. By . Phil Gramm. and . Donald J. Boudreaux. Share. Resize. Listen (3 min) ...

They might start by pointing to the “current account,” the record that offers the broadest picture of the trade balance. It includes imports, exports and things such as cross-border transfers ...

The balance of trade lately has averaged around 4% of the size of the economy as a whole. Meanwhile, GDP growth has been averaging about 2.75% a year.

President Donald Trump says he believes tariffs are a panacea: a catch-all economic tool that can restore America’s manufacturing prowess, bring foreign nations to heel on key disputes, restore ...

Lots of big economic data are coming our way Thursday, from inventories to the balance of trade and an update on GDP. But looming over everything is tariffs. Two weeks from now is when the pause ...

Today, the Netherlands released its Balance of Trade figures for March, revealing a result that fell short of expectations. The actual trade balance was recorded at 12.450 billion euros, which is ...