"US trade deficits are high and likely to rise, notwithstanding new and prospective tariffs," Obstfeld wrote, pointing to ...

As Trump's tariffs push Chinese businesses to seek new markets, one expert says the trade war is likely to get worse before ...

Plus: Americans aren’t taken advantage of by buying foreign cars.

WASHINGTON (AP) — President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The ...

Liberation Day” on Wednesday marks the rollout of new U.S. tariffs, but no one knows what their benefits will be.

US exports not only reduce deficits, they also bring higher-paying jobs and greater innovation. A tariff-driven trade war ...

However, this short-term advantage can also produce long-term problems. The monetary policy that keeps trade flowing makes ...

The country’s trade deficit surpassed $54 billion in 2024, as merchandise imports slightly rose and exports tumbled, data ...

Many investors went into 2025 assuming Donald Trump would use tariffs as a negotiating tool, but this belief has been shaken in recent weeks, generating significant market angst. But Mr Trump's fiscal ...

White House National Economic Council Director Kevin Hassett pointed out the United States' "persistent" trade deficits with Korea, China and Europe on Monday, claiming the deficits are ...

The US ran a US$123.5 billion trade deficit with Vietnam in 2024, according to the Office of the US Trade Representative. The gap is drawing attention to the country because President Donald Trump ...