More generally, a larger budget deficit will require the government to borrow more money, which drives up interest rates.

The great economist John Maynard Keynes once proposed an international system to eliminate trade surpluses and deficits. Now ...

Trade disruptions are behind the decline in first-quarter GDP.

The U.S. economy faces a challenging period as recent data reveals a contraction in GDP, driven by a widening trade deficit ...

Imports surged as firms and consumers scrambled to bring goods into the country before the worst of Mr Trump’s tariffs took ...

The report that the economy contracted in the first quarter underscored how much President Trump has at risk as he pursues an ...

“This Birkin bag at Hermes boutique will cost you $38,000. But what is the real cost out of the factory?” the Chinese proprietor said, telling viewers to “welcome to the real world”.