Opinion
Why Trump can’t close the trade deficit
The prevailing dislike for imports among America’s political class has an old and bipartisan pedigree. At least since the Carter administration — the last time the country’s broad balance of trade was in the black — members of both parties have bemoaned the country’s persistent trade deficit as evidence of some deep national weakness.
Under threat of Trump tariffs, UK posts rare goods trade deficit with US
Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published on Thursday that London will hope bolsters its case against the imposition of new tariffs by President Donald Trump.
If President Trump were truly interested in eliminating the trade deficit, he could easily do so by balancing the federal ...
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 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 ...
NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade.
Annual U.S. trade deficits in goods. ’00 ’05 ’10 ’15 ’20 The U.S. trade deficit in goods hit a record $1.2 trillion last year, as American consumers snapped up imported products and a ...
Trump has lived up to his campaign pledges to resume his hardball trade diplomacy. A trade deficit occurs when a country's imports exceed its exports to another country. The balance is usually ...
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 ...
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