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

An overall trade deficit occurs when the monetary value of a country’s imports exceeds that of its exports. Trump’s tariffs ...

The U.S. has the highest trade deficit in the world. Who has the highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean.

Donald Trump has been fixated on the trade deficit recently. He keeps bringing it up to rationalize the sweeping tariffs he ...

Media bias on tariffs is extreme, with pundits making unfounded claims about their economic impact, either overly positive or ...

A trade deficit sounds bad, but it is neither good nor bad. It doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them.

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.

Harvard Kennedy School international trade expert Robert Lawrence discusses what higher tariffs will mean for the United ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) A trade deficit sounds bad, but it is neither good nor bad. It doesn’t mean the U.S.