If trade balances were the true measure of economic health, the Great Depression of the 1930s should have been a boom — we ...

He has previously overseen the My Turn, Fact Check and News teams ... You can reach Shane by emailing [email protected] The U.S. trade deficit increased to a record high in March, as ...

I have had two takes on US President Donald Trump’s trade war in the past month. First, I pointed out that too many people accept the dubious claim that reducing the trade deficit will boost ...

President Donald Trump granted a lengthy interview to Time magazine in honor of completing his first 100 days of his second term today. As usual, the interview consisted of bluster and bombast, with ...

The concept of trade deficits and surpluses is wholly neutral—and in fact, a trade deficit can be a good thing. “America is getting more cheap goods, and in return it is giving foreigners financial ...

What Trump Said: “We were losing $2 trillion a year on trade.” The Facts: The US had a trade deficit with the rest of the world of $917.8 billion in 2024, according to the Bureau of Economic ...

At this point, some readers are likely planning to send me annoyed messages via Bluesky, telling me that trade deficits don’t really matter that much. I will gladly concede the point. In fact ...

In fact, he lost the state in the ... tariff policy with misleading claims about global trade. He again inflated and mischaracterized trade deficits with Mexico and Canada, saying that the United ...