The jury is still out on whether Hamas will blow up the landmark ceasefire agreement that President Donald Trump‘s team negotiated to bring an end to the war in Gaza. But it’s possible that while the ...
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Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled. Following a month where the trade deficit hit its lowest level since ...
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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 ...
WASHINGTON -- The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap ...
The U.S. government recorded a $1.8 trillion budget deficit for fiscal 2025, just $8 billion smaller than the previous year, the Congressional Budget Office said. Revenue rose 6% while spending ...
The US trade deficit ballooned to $56.8 billion in November 2025, crushing economists’ forecasts of $43.4 billion and nearly doubling from October’s revised $29.2 billion. The magnitude of the surge ...
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 with the world will set a record in 2025, which will be the fourth record in Trump’s five years in office, according to my analysis of U.S. Census Bureau data. It will surpass ...
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