The Supreme Court on Friday ruled President Trump exceeded his powers and delared illegal the IEEPA tariffs that were the ...

Politicians claim that trade deficits are due to the lack of trade barriers. However, as Ludwig von Mises explained, one ...

2025 was supposed to be the turning point. After nearly a trillion dollars in annual trade deficits, America was ready to ...

The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...

The Trump administration's aggressive tariff strategy has collided with a sharp swing in the trade numbers, leaving the United States with its smallest trade gap in five years and a very different ...

One possible outcome of the Trump-Kim summit could be changes to the looming trade war with China. President Trump has long railed against our... What Is A Trade Deficit? And Why Does It Matter? One ...

The tariffs began taking effect at midnight on Tuesday, shortly after collections under the International Emergency Economic Powers Act were halted following the Supreme Court ruling.

The U.S. trade deficit with the world will set a record in 2025, which will be the fourth record in Trump’s five years in office, according to my analysis of U.S. Census Bureau data. It will surpass ...

US President Donald Trump has imposed new global tariffs after the Supreme Court struck down an earlier set of import taxes. To replace them, his administration announced a 10% tariff, later raised to ...

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...