The U.S. trade deficit narrowed from $904 billion in 2024 to about $901 billion last year, still the third-highest deficit on ...
The U.S. imported more goods and services than it exported — around $70 billion worth — in December, according to new data from the U.S. Bureau of Economic Analysis.
The Supreme Court on Friday ruled President Trump exceeded his powers and delared illegal the IEEPA tariffs that were the ...
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled. Following a month where the trade deficit hit its lowest level since ...
The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.
Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...