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 ...

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.

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 over 99% of its trade with the U.S., while the U.S. will cut tariffs on ...

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.

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 ...

The Trump administration and Wall Street are starting to agree on one thing: America’s trade deficits are a problem and the dollar might not stabilize until imports and exports realign. But in ...

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.

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 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 ...