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

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

According to Forbes, "There appears to be little Trump, Biden or any president can do about trade deficits, despite vowing to ...

Behind President Trump’s decision to hit some of America’s largest trading partners with stiff tariffs is his fixation on the trade deficit that the United States runs with other nations.

WASHINGTON — The U.S. budget deficit has grown to more than $1.3 trillion ... hitting the statutory debt ceiling on the so-called X-date, as soon as the early summer. "We are going to go onto ...

The faster the U.S. economy grows, the more imports Americans tend to buy and the wider trade deficits tend to get.

"But tariffs on avocados are not going to make us safer as a country." Kates said in the short run, Trump's tariffs will likely not bring down the overall trade deficit in a significant way.

According to Forbes, "There appears to be little Trump, Biden or any president can do about trade deficits, despite vowing to bring back manufacturing to the United States, which remains the world ...