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 ...

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 ...

The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses ...

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 ...

The Trump administration has chosen the elimination of the U.S. trade deficit as its chief economic ... trade surplus in its services sector. In fact, in 2023, the U.S. imported about $750 billion ...

This is a mistake, in my view, because the current account deficit ... will bear the burden of lowering the trade imbalance. This could occur, for example, if the economy weakened and household ...