The United States’ trade deficit in goods with China was $295 billion in 2024, less than one-third of Trump’s $1 trillion total.

President Donald Trump is a vocal opponent of the U.S. trade deficit and he believes tariffs are the method to reducing it; ...

Washington’s deficit with Beijing reached nearly $300 billion, highlighting a persistent imbalance and America’s reliance on ...

And will tariffs help mitigate that? A senior adviser to President Donald Trump claims the US's overall trade deficit ...

Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with ...

An overall trade deficit occurs when the monetary value of a country’s imports exceeds that of its exports. Trump’s tariffs ...

Though the US continues to be India's largest trading partner, trade with China also rose to $127.7 billion in 2024-25 from $118.4 billion in the last year ...

The president also sees a smoking gun: The United States has bought more from other countries than it has sold them every year for the past half-century. In 2024, the U.S. trade deficit in goods ...

More than half a century ago, Milton Friedman warned us that the jargon for discussing trade deficits was "upside-down." He explained that the real beneficiary in a trade relationship is the party ...

Rep. Nancy Pelosi (D-CA) criticzed the current policies toward China and U.S. jobs: REP. NANCY PELOSI: How far does China ...