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

The connections among the many moving parts of the economy are such that pulling the tariff lever to cut imports is more ...

US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs ...

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 ...

The difference results in a trade imbalance with a trade deficit for the US and a trade surplus for China. On an a larger scale of comparison, the U.S. holds the largest trade deficit in the world ...