Prefer Newsweek on Google to see more of our trusted coverage when you search. Following President Donald Trump's announcement of reciprocal tariffs on dozens of America's trading partners, many ...

Talk about bad timing. On Wednesday, President Trump boasted on social media that the U.S. trade deficit had been reduced by 78 percent thanks to his comprehensive tariff regime, a claim apparently ...

Trade deficit used to be a number that received a ton of attention in the 1980s and 1990s because it was determined to be a strong gauge of the strength and weakness in the US economy. The February ...

Recently released data covering the whole of 2025 contain good news. The trend for the trade deficit over the course of the year and one measure of foreign investment into the US both offer numbers ...

US trade deficit continued to widen in December after hitting the smallest monthly amount since the 2009 low in October. The total import was USD 70.3 billion higher than the export in the last month ...

The U.S. trade deficit fell 38 percent in October 2025 following President Trump's tariff measures, though a Harris Poll found 7 in 10 Americans believe the tariffs have raised their cost of living.

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...

As he announced a broad set of new tariffs targeting imports from around the world, President Donald Trump declared his intention to reduce America's trade deficit. "Chronic trade deficits are no ...

Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest ...