The annual U.S. deficit with Mexico would be the United States’ largest for the first time were it not for the surge of U.S.

The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New ...

The US Treasury's October Monthly Statement shows the government shutdown did not improve the deficit, with spending outpacing revenue growth. Major spending increases in Health and Human Services, ...

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax ...

The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...

Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national emergency, an idea that remains contentious. By Ana Swanson Ana Swanson ...

The US trade deficit shrank in August as a slew of global tariff rates from President Donald Trump kicked in, official data showed Wednesday after a lengthy delay due to a government shutdown. The ...

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower. In a report delayed for more than seven weeks by the federal government ...