President Donald Trump cites trade deficits as a justification for tariffs, but what does he mean? A trade deficit is the ...

Plus: Americans aren’t taken advantage of by buying foreign cars.

However, this short-term advantage can also produce long-term problems. The monetary policy that keeps trade flowing makes ...

Meanwhile, exports picked up. All in all, the trade deficit shrank a little from the previous month. But that gap between imports and exports is just about the widest it’s ever been.

It is common in current US political discourse to hear it asserted, as an incontrovertible truth, that the US economy is ...

The deficit was larger than all but one estimate in a Bloomberg survey of economists. The value of imports rose 10% to a record $401.2 billion, while exports increased 1.2%. The figures aren’t ...

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The numbers: The U.S. trade deficit in goods narrowed 4.9% to $147.9 billion in February after hitting a record in the prior month, according to the Commerce Department's advanced estimate ...