On April 2, 2025, President Trump declared “Liberation Day,” announcing broad tariffs to reduce trade deficits and revive U.S. industry. We analyze the long-term economic impacts of these tariffs ...

The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...

Concerns that the U.S. trade deficit will drag down the dollar are overdone.

It was the Great Depression. It was a sign of what was going on. It was during the Great Depression,” Dean replied ...

The U.S.'s trade deficit for goods shrank substantially in April, as new tariffs weighed on imports. Goods imports fell by 20% to $276.1 billion, while exports rose 3.4% to $188.5 billion ...

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

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

The U.S. international trade deficit narrowed 55.5% in April to $61.6 billion, the Commerce Department said Thursday.

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 ...

Velshi also reacts to Trump's attacks against the courts ruling against his tariffs and Trump's latest fight over trade policy with China.May 31, 2025 ...

Trump pointed to the merchandise trade deficit that the United States has run each year since 1975 as the “emergency” justifying his sweeping tariffs. Wednesday’s ruling also applies to ...