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U.S. Trade Representative Jamieson Greer said on Wednesday that his trade policy goal was to put the $1.2 trillion U.S. trade ...
Increasing tariffs may be an attempt to 'solve' the problem of persistent trade deficits. Are they even a problem that needs to be solved?
The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still lead an ...
China accounted for 5.89% of all U.S. trade in May, its lowest percentage in decades. Trump’s tariffs or trade trickery? It’s ...
Falling bulk commodity prices since 2022 have dragged down export values for crops like soybeans, corn, wheat and rice.
The U.S. trade deficit grew to the highest level in March amid a record-setting surge of imports as businesses looked to stockpile inventories before tariffs took effect.
President Trump believes a trade deficit is harmful to the American economy because it signifies that the U.S. is buying more goods and services from abroad than we are selling, depriving domestic ...
What is a trade deficit? An overall trade deficit occurs when the monetary value of a country’s imports exceeds that of its exports. Trump’s tariffs appear focused on balancing or even ...
The United States buys far more from foreign markets than it sells. According to the Observatory of Economic Complexity, the U.S. ran a $1.1 trillion trade deficit in 2023, importing over $3 ...
The US trade deficit must be understood in terms of fundamental fiscal imbalances, and cannot be reduced through trade policy alone.
The U.S. trade deficit hit one of its highest levels in history during the Trump administration, but it went even higher under Biden.
President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff ...