A trade deficit occurs when a country buys more goods from other nations than it sells to them. Thus the total value of imports is greater than that of exports. A trade deficit can be assessed through ...

Trump isn’t the first to suffer from it, and seeking ‘balance’ in 2026 is as foolish as it was in 1776.

Facts around the balance of imports and exports under President Trump and his tariffs can seem impossibly contradictory. For example, the trade deficit during the last 14 months of President Biden's ...

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 ...

President Donald Trump’s original plan for addressing the purported threat posed by the longstanding U.S. trade deficit, which the Supreme Court rejected in February, involved declaring an imaginary ...

At two points in the three-hour hearing, Judge Timothy Stanceu reminded government counsel that he was an attorney, not an economist familiar with the term, “balance-of-payments deficit,” an economic ...

A panel of trade court judges challenged the legality of President Donald Trump's 10% tax on most imports, suggesting a large trade deficit might not be a sufficient reason to impose broad-based ...

India recorded a current account deficit of USD 2 billion in May 2026 as a wider merchandise trade gap offset healthy net ...