The Trump admin and critics alike seem unaware of a key mechanism that governs the magnitude of a trade balance.

The faster the U.S. economy grows, the more imports Americans tend to buy and the wider trade deficits tend to get.

Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with every U.S. trading partner.

The best way to keep America great is to ensure it remains the world’s most important economy.

India recorded a trade deficit of $99.2 billion with China in the 2024/25 fiscal year that ended in March, trade data showed, ...

America’s trade deficits are not a result of cheating. They are the mirror image of our large capital surpluses, which in ...

The problem, he says, is that the US has trade deficits with other countries. He believes that, if we buy more from a country than they buy from us, the other country is “beating” us.

India's merchandise trade deficit in March at $21.54 billion was wider than expected due to a sharp rise in oil and gold ...