Trump claims tariffs will make the U.S. ‘rich again.’ But 5 undisputed facts about how they work throw cold water on that notion
Trump has always insisted that other nations or foreign companies will pay the full cost of the tariffs that the U.S.
Why Tariffs Will Hurt US Economic Growth but Likely Won’t Reduce the Trade Deficit
Higher tariffs would unambiguously reduce real gross domestic product and would likely push inflation up, though the size of ...
Marketplace2d
Tariffs are affecting America’s GDP. Here’s how.
Exports, which add to domestic production, could fall if the trade war continues and more countries respond with tariffs on ...
Trump’s Tariffs Are Aimed at a Trade Deficit Driven by Popular Goods
Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...
Underpinning Trump’s Tariff-Based Trade Wars Are Misunderstood Trade Deficits
Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...
Trade Deficits Are Capital Surpluses
Why tariffs are driving the U.S. stock market down.
Trade tensions and market shifts: What Trump’s tariffs mean for you
Tariffs have historically triggered market volatility. When the Trump administration announced tariffs on China, markets ...
The U.S. Trade Balance With Every Country
The map and table below show the United States 2024 goods trade balance -- the difference between its imports and exports -- ...
U.S. Trade Deficit Grew 34% in January
The U.S. trade deficit surged in January, as import growth dwarfed a smaller increase in exports. Imports rose 10% to $401.2 billion, while exports climbed by 1.2% to $269.8 billion. That yielded a ...
US Trade Deficit Surged to a Record Ahead of Trump Tariffs
The US trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President ...
MarketWatch14d
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The numbers: The U.S. trade deficit in goods exploded to a record high in January as businesses raced to acquire foreign goods ahead of new tariffs. The trade gap widened by 25.6% to a record $153 ...
The Gazette16d
US goods trade deficit widens sharply in January
WASHINGTON (Reuters) - The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a drag on ...