Facing 54% tariffs on exports to the U.S., the world's No. 2 economy China vowed countermeasures, as did the European Union, ...

President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries ...

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 ...

On the flip side, exchange-rate appreciation would dent the inflationary impact of tariffs, at the cost of harming US ... deficit equals the net inflow of capital. Consider the chart below.

On an a larger scale of comparison, the U.S. holds the largest trade deficit in the world ... half of what they are and have been charging us, so the tariffs will be not a full reciprocal ...