President Trump on Wednesday touted the decline in U.S. trade deficit ahead of official data showing a small reduction in the ...

The U.S. trade deficit narrowed from $904 billion in 2024 to about $901 billion last year, still the third-highest deficit on ...

Trump’s “Liberation Day” tariffs lifted U.S. rates to 87-year highs—boosting revenue but raising household costs. Click here ...

President Trump claims a 78% drop in the U.S. trade deficit due to his tariffs. We analyze the data, the GOP revolt, and a ...

He views trade as a zero-sum game, in which there are winners and losers based on whether a country runs a surplus or deficit ...

Economists have been vindicated in their prediction that tariffs would hardly affect the overall balance of trade.

The Congressional Budget Office on Wednesday warned yet again that the US is on an unsustainable fiscal path, jacking up its estimate of deficits for the coming decade by $1.4 trillion thanks in part ...

The president seems as intent on tariffs as ever and argues that his trade agenda is succeeding, despite little evidence to support it ...

Just a week after the Supreme Court demolished the cornerstone of President Donald Trump’s tariff regime, questions are swirling about the legal foundation of his replacement tariffs.

The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump's economic policies ...