US trade deficits at core of Trump tariff moves
Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump's economic policy. Poitiers noted that countries can't impose tariffs on services,
Trump says he will sign reciprocal tariffs order soon as trade war fears mount
U.S. President Donald Trump said he would impose reciprocal tariffs as soon as Wednesday evening on every country that charges duties on U.S. imports, in a move that ratchets up fears of a widening global trade war and threatens to accelerate U.
How Trump’s trade wars could backfire on U.S. stock and bond investors
The most likely curb on Trump’s tariff proclivities would be a sustained fall in stock prices. U.S. trade policy has been on a wild roller-coaster ride, and no one knows when it will end. The latest is President Trump’s declaration of 25% tariffs on aluminum and steel imports.
Trade war game plan: Trump's going bigger this time
Trump's sweeping tariff strategy is bigger than his first-term in office. BI broke down what the trade war means for Americans' wallets.
Trump Sets 25% Steel, Aluminum Tariffs, Widening Trade War
President Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.
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.
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 ...
think2d
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 ...
Business Insider4d
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 ...
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 ...