Multiplying the most recent month of US tariff collections by a full decade would not cover the 10-year costs of President Donald Trump’s new tax-and-spending legislation, much ...

With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 largely to tackle an issue he’s raised for decades — trade deficits.

One of the Trump administration’s biggest tariff boosters, Commerce Secretary Howard Lutnick, recently said tariffs not only will energize the U.S. industrial sector but also help the government’s ...

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. It's not a debt or a red ink problem. It's a flow — a reflection of how dollars move through the global economy.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.

The U.S. trade deficit fell from an all-time high in March to $61.6 billion in April, the biggest plunge on record. The drop shows that the rush to import items ahead of President Donald Trump’s ...

Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American ...

The U.S. trade deficit in goods surged to $96.6 billion in May, up 11% from April and 6.5% above expectations. Most problematic was the 5.2% decline in exports.

In fact, two days before Rollins' Roman declaration, the U.S. Department of Agriculture's (USDA) May 2025 estimate for U.S. ag trade deficit showed the deficit actually widening to $49.5 billion ...

How big trade deficit drop as tariffs hit imports is playing out inside U.S. supply chain and economy By Lori Ann LaRocco, CNBC • Published June 5, 2025 • Updated on June 5, 2025 at 3:06 pm ...

The trade deficit narrowed to a seasonally adjusted $61.6 billion in April, the Commerce Department reported on Thursday, its lowest level since September 2023.

The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth ...