Kentucky Republican Sen. Rand Paul says President Trump's concern with trade deficits is an "economic fallacy" that doesn't ...

When the Trump administration imposed significant tariffs and thus additional taxes Americans must pay on many imported goods ...

CFR Fellow Inu Manak challenges the Trump administration's assertion that “trade deficits mean you lose, and surpluses mean you win.” She says that Trump's narrow focus on trade in goods ...

Much of Trump's rhetoric about tariffs is based around the idea that the US is in a trade deficit—but a deficit isn't always ...

By Mitch Kokai Few people clamor to return to the American economic conditions of 1975. Still reeling politically from the Watergate scandal, the country also faced an unemployment rate that ...

Money the U.S. loses on imports often returns to us through foreign investment, benefiting both sides of the exchange.

Higher interest rates mean a stronger dollar, which makes it more expensive for people in other countries to buy our products, cheaper for us to buy theirs, and thus the trade deficit widens.