Two projections show that the Trump administration's tariff revenues would not cover the next 10 years of projected deficits ...

LUTNICK: "Since 1985, we went from owning net 5% of the rest of the world, to the rest of the world owning just about 19% of ...

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.

President Trump announced 30% tariffs on imports from Mexico and the EU, effective August 1, to address trade deficits.

Besides the 27-member EU bloc and Mexico, Trump sent similar letters to 23 other nations this week, including the northern ...

Helped by volatile gold shipments, the May deficit was down from a record in April and continued to reflect fluctuating tariff policy in Canada’s biggest trade partner and neighbor.

The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still lead an anticipated rebound in economic growth in the second quarter.

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.

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.

Despite President Trump's tariffs, exports have declined while imports have not changed significantly.

The U.S. merchandise-trade deficit unexpectedly widened in May on the biggest drop in exports since the onset of the pandemic, while imports were little changed.