Trade deficits are a distraction — focus instead on the debt
Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately ...
Boise State Public Radio3d
What it means to have a high trade deficit — and why it's not always a bad thing
NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade.
Business Insider3d
Trump wants to reduce the trade deficit. Here's why that matters.
The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...
Politico7d
Trump’s nemesis, the US trade deficit, hit record high in 2024
meaning they rise in value against other currencies, fueling imports and curtailing exports, he added. In addition, even though the goods trade deficit now is regularly above $1 trillion ...
think1d
Romania’s trade deficit remained high in 2024
After ending 2024 with a trade deficit of EUR33bn, the Romanian trade balance is set to continue to remain under pressure ...
AOL7d
Opinion - Trade deficits are a distraction — focus instead on the debt
foreign borrowing and trade deficits are not well understood by politicians or the popular press. Nonetheless, these links are important because they mean that trade policies alone cannot overcome ...
Yahoo Finance3d
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has long sought to tackle the country's overall trade deficit. The combined goods and services trade deficit hit $918.4 billion in 2024, a big increase from 2023.