The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled. Following a month where the trade deficit hit its lowest level since ...

Facts around the balance of imports and exports under President Trump and his tariffs can seem impossibly contradictory.

Trump promotes reduced trade deficit and tariff revenue as economic successes. Some economists argue that these indicators do not reflect overall US economic health or growth. Economists told Business ...

Jan. 29 (UPI) --The nation's trade deficit rose by 94.6% in November after posting the lowest imbalance in years a month earlier, the U.S. Census Bureau reported Thursday. The trade deficit's sharp ...

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Kent Nishimura / ...