The OBBB cut taxes for many Americans but also added to the national debt, which could be a problem for Americans in the long ...

The national conversation around fiscal policy is heating up as economic experts weigh in on President Donald Trump’s ...

Higher borrowing costs are driving up an estimate of the impact to the U.S. budget deficit from President Donald Trump’s ...

The Republican Party’s big bill of tax breaks and spending cuts that Trump signed into law July 4 included what’s arguably ...

President Trump late Sunday urged China to increase its orders of U.S. soybeans, suggesting it would help reduce the trade deficit between Washington and Beijing. “China is worried about its ...

The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from the Trump administration's tariffs on imported goods.

President Donald Trump encouraged China to buy soybeans from the U.S. to address the Asian country’s crop shortages.

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...

Donald Trump urged China to significantly increase its soybean orders to alleviate its shortage and reduce the trade deficit ...

President Donald Trump has called on China to significantly increase its soybean orders from the United States, a move that ...

President Donald Trump has cited a $40 billion trade deficit with Switzerland to justify a new, high tariff on imported Swiss ...

So, the U.S. imports more and exports less, “The likely effect of all of that is a bigger U.S. trade deficit,” Obstfeld said.