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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 ...
The office of the U.S. Trade Representative purported a summertime scoop: "America had a trade surplus in ice cream in 2020 under President Trump's leadership, but that surplus turned into a trade ...
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 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.
Despite President Trump's tariffs, exports have declined while imports have not changed significantly.
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. merchandise-trade deficit unexpectedly widened in May on the biggest drop in exports since the onset of the pandemic, while imports were little changed.
The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the ...
Reversing America's trade deficit has been a cornerstone of the Trump administration's trade policy and an electoral promise the president prepared to make good on. A report by Barclays foreign ...
Economist Rob Shapiro warns that Trump’s policies and threats to the Fed could push the U.S. into a severe recession.
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 ...
Tariffs can reduce trade deficits, shrink federal budget deficits, enable income tax cuts, boost manufacturing and leverage trading partners to lower barriers to our exports, but too often those ...