Worries about government deficits are making one of their periodic tours of Wall Street. Investors say the prospect of bigger budget imbalances in the second Trump administration are a factor behind ...

Politicians instinctively promise policies to reduce imports in response to chronic U.S. trade deficits. However, trade deficits are not a problem — they are merely a symptom of something more ...

The U.S. trade deficit now routinely tops $1 trillion, principally because of four particularly large U.S. trade deficits – with China, Mexico, Vietnam and Ireland. The 2024 deficit was a record $1.2 ...

For decades, Trump has been arguing that trade deficits are bad. BUT - should we be eliminating trade deficits at all? Economist and Harvard professor Jason Furman says no. TRUMP: My old speeches - ...

The federal government recorded one of the largest budget deficits in U.S. history this year when fiscal year 2025 concluded. The nonpartisan Congressional Budget Office (CBO) projected to record a ...

When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on Wednesday -- upending global trade and sending markets into a tailspin-- he presented the move as a response to a ...

President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff ...

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...