Higher tariffs would unambiguously reduce real gross domestic product and would likely push inflation up, though the size of ...
Trump, who has imposed 25% tariffs on almost all products imported from Canada, has repeatedly said this year that the US has ...
White House National Economic Council Director Kevin Hassett pointed out the United States' "persistent" trade deficits with ...
Growing gaps with Mexico, Vietnam add to the biggest imbalance the U.S. faces—with China.
President Donald Trump has for years wildly exaggerated the size of US trade deficits ... figures show that the 2024 deficit with China in goods and services trade was $263.3 billion.
Among the most common economic justifications for tariffs today is that they’re needed to shrink a U.S. trade deficit that has ... with specific countries like China or our new mortal enemy ...
South Africa needs to benefit more from its active, albeit highly unequal, trading partnership with China. South Africa’s ...