Facts around the balance of imports and exports under President Trump and his tariffs can seem impossibly contradictory. For example, the trade deficit during the last 14 months of President Biden's ...

Talk about bad timing. On Wednesday, President Trump boasted on social media that the U.S. trade deficit had been reduced by 78 percent thanks to his comprehensive tariff regime, a claim apparently ...

Trade deficit used to be a number that received a ton of attention in the 1980s and 1990s because it was determined to be a strong gauge of the strength and weakness in the US economy. The February ...

For the fifth straight year, the U.S. merchandise trade deficit with the world topped $1 trillion, according to Census Bureau data released Thursday, despite President Trump’s best efforts to bring it ...

The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...

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 ...

People skate on the frozen snow with the Supreme Court in the background on Jan. 29 in D.C. (Demetrius Freeman/The Washington Post) President Donald Trump justified his tariff offensive last year as a ...

As he announced a broad set of new tariffs targeting imports from around the world, President Donald Trump declared his intention to reduce America's trade deficit. "Chronic trade deficits are no ...

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 / ...