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

CNBC’s Rick Santelli appeared stunned Friday when he read the latest trade deficit numbers live during “Squawk Box,” with the figure coming in much lower than estimated and figures for the previous ...

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 analysis came before federal court decisions on tariffs last week and doesn’t account for potential changes to tariff ...

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

“The trade deficit is not a problem ... All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering ...

President Donald Trump has made reducing U.S. trade deficits, which have expanded significantly in recent decades, a priority of his administration. He and his advisors argue that renegotiating ...

that America’s trade deficit means we’re “losing.” This idea has become the go-to villain in our national economic narrative — framed as a scoreboard of failure, especially by President ...

In February, the overall U.S. trade deficit was $122.7 billion, down $8 billion from January when it was at a record high, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau.

(Photo by Rick Loomis/Los Angeles Times via Getty Images) One of the Trump Administration’s primary rationales for imposing tariffs is the U.S. trade deficit. The trouble is that in and of ...