Americans bought fewer foreign pharmaceuticals, cellphones and cars, and cut purchases of machinery and other supplies.

The U.S. trade deficit marked a record-breaking decline in April, as a barrage of steep new tariffs muted the rush of imports ...

The European Union's goods trade surplus with the United States expanded in April even after US tariffs, latest data showed.

Fox Business host Larry Kudlow pushed back Friday against the idea that trade deficits are inherently harmful. During an appearance on “The Bottom Line,” Kudlow said that economic growth, not trade ...

Trump touted the tariffs as an effort to slash the nation's trade deficit, which the president has said he considers a threat to the nation's economic prosperity. Many economists disagree, however, ...

CNBC’s Rick Santelli appeared stunned Friday when he read the latest trade deficit numbers live during “Squawk Box,” with the ...

The U.S. deficit with its global trading partners tumbled by the largest amount on record in April. Imports slowed sharply ...

Stokes also sees more at play than just a disagreement over trade deficits. Trump’s threats “are rooted in frustration with the EU that has little to do with trade,’’ Stokes said. “He doesn’t like the ...

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The trade in goods deficit grew by $0.1 billion to $0.5 billion in the first quarter. Both exports and imports posted large ...