Elon Musk’s government-cutting machine, the Department of Government Efficiency (D.O.G.E), is pushing the US economy into ...

The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.

President Trump also voiced his desire to "end the trade deficit with Japan", which currently stands at $65 billion annually.

U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...

The United States still runs a surplus in services ... to study “the causes” of the U.S. trade deficit, as well as any economic and national security implications and risks, and to recommend ...

Economists also say the trade deficit is driven largely by macroeconomic causes like high US consumption rates and ... requirements needed to receive national matching-grant funds.

The US trade deficit significantly expanded in December ... and remains steadfast in safeguarding its national interests, the Xinhua News Agency reported. Chinese officials have stated on various ...

The U.S. trade deficit in goods widened sharply in December ... It is expanding well above the 1.8% that Federal Reserve officials regard as the non-inflationary growth pace. The U.S. central bank is ...

WASHINGTON (Reuters) -The U.S. trade deficit in goods widened to a record ... The dollar gained 9.0% against the currencies of the United States' main trade partners in 2024.

But look, we have a trade deficit because the United States is a rich country ... the only ways to reduce the trade deficit are to slash the federal budget deficit, increase household savings ...