Asia has mostly been the exporter and the US the biggest importer. Asia is also the producer, while the US is the consumer with an enormous appetite.

The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...

Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, said on Thursday that a universal tariff ...

President Donald Trump has repeatedly criticized the nation’s trade deficit, which the Commerce Department reported Wednesday ...

Jamieson Greer promised to pursue Trump's hardline trade policies in testimony Wednesday before the Senate Finance Committee.

President Trump announced tariffs on Mexico, Canada and China starting Feb. 1 Products imported from Canada and Mexico face a ...

The U.S. trade deficit surged in December as imports hit a record high, driven by businesses rushing to secure foreign-made ...

Countries with democratic governments and mostly free economies should come together and create a new trade regime, based on ...

The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, ...

President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods ...

The US trade deficit grew 25% in December, taking the 2024 shortfall to $918.42 billion, government data showed Wednesday. The goods and services deficit reached $98.43 billion in December, the Census ...