While persistent trade deficits are worrisome for many countries, that isn’t the case for the U.S.—and that’s a good thing.
The UK’s statistics body postponed the release of trade figures due on Friday after finding multiple errors in the data that ...
Photo: Kevin Lamarque/Reuters/Amanda R. Gray/U.S. Navy The Commerce Department reported a record $918.4 billion U.S. trade deficit in 2024. President Trump believes a trade deficit is harmful to ...
Among the most common economic justifications for tariffs today is that they’re needed to shrink a U.S. trade deficit that has long cost us jobs and dragged down economic growth. On both the ...
The Commerce Department reported a record $918.4 billion U.S. trade deficit in 2024. President Trump believes a trade deficit is harmful to the American economy because it signifies that the U.S ...
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