President Trump has shown that his pre-inauguration threat to impose hefty trade tariffs on Canada, Mexico and China was not ...
The tariffs have also provoked political tension, including retaliation from China, which responded to Trump's move with ...
U.S. exports of goods and services to the world also hit a record, reaching $3.2 trillion in 2024. That was driven by ...
Once again, the U.S. ran the largest deficit with China, with the gap in goods totaling $295 billion in 2024. (Full-year statistics for services are not unavailable yet.) ...
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The European Central Bank should avoid excessive caution in lowering its key interest rate, but must also be alert to signs that inflation is taking longer than expected to fall to its target, Chief ...
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
To President Trump, one economic number represents everything that is wrong with the global economy: America’s trade deficit.
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion for the third time in four years.
WASHINGTON (AP) — When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive ...
Trump has claimed the U.S. can no longer suffer the massive trade deficits and subsidies that he says Canada needs to stay ...
Stock futures fell Wednesday after mixed quarterly figures from Alphabet and chipmaker AMD led the tech sector lower. A ...