President Donald Trump says chronic U.S. trade deficits are a national emergency. His tax bill will make them worse. The ...

A fundamental cause of a trade deficit is when a country's investment needs exceed its domestic savings, meaning it spends more than it earns. (For details see the appendix to this essay.) 2.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are ...

The persistent U.S. trade deficits mean that, by definition, Americans are purchasing more goods and services from abroad because they prefer the quality and cost combinations offered by these ...

President Donald Trump has made reducing U.S. trade deficits, which have expanded significantly in recent decades, a priority of his administration. He and his advisors argue that renegotiating ...

At the core of President Donald Trump’s decision to impose sweeping tariffs on U.S. trading partners is a fixation on closing, if not reversing, America’s trade deficit with nearly all of them.