Vietnam is the fourth country to have the largest U.S. trade deficit in the last 12 months, the others being China, Mexico ...

The US budget deficit was already on shaky ground before the Iran war, and reports that Pentagon will seek an additional ...

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 ...

The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump’s economic policies ...

High tariffs were supposed to slash chronically large U.S. trade deficits. Turns out they really didn’t. The nation’s trade deficit fell in 2025 by a meager 0.2% to $901.5 billion, but only due to a ...

The U.S. merchandise trade deficit hit a record $1.2 trillion last year, despite President Donald Trump’s promise to eliminate it by imposing the highest tariffs in eight decades on foreign-made ...