US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
Trump's Reciprocal Tariffs Will Overturn Decades of Trade Policy
President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ tariffs that he announced Thursday are likely to create chaos for global businesses and conflict with America’s allies and adversaries alike.
Trump announces reciprocal tariffs that will be determined on ‘country-by-country’ basis
President Donald Trump signed a memorandum Thursday laying the groundwork for implementing new tariffs on foreign countries with which the United States sees a negative trade balance. The White House had teased this specific tariff announcement for days,
Trump's de minimis order: New tariff policy leads to package pile-up
Logistics experts say it was impossible for major parcel carriers and USPS to overhaul their operations in a matter of days.
Trump sets out process for imposing global reciprocal tariffs
The memo lays out a process for Trump to impose reciprocal tariffs on trading partners, effectively raising tariffs on a country’s exports to the U.S. based on the level of tari
Trump announces plan for ‘reciprocal’ tariffs in latest trade move
Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.
Trump moves to slap tariffs on nearly every nation, boosting trade war
In an escalation of his trade war, President Donald Trump moved to put tariffs on nations that levy taxes and fees that hurt U.S. businesses.
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
CNN on MSN13d
Here’s what will get more expensive from Trump’s tariffs on Mexico, Canada and China
President Donald Trump made good on his promise to impose steep tariffs on America’s three largest trading partners — Canada, ...
Trump believes he can afford a trade war. But the US is vulnerable in one respect
Trump has announced tariffs on major trading partners. Although this may lead to some short-term benefits, the U.S. is ...
Business Insider on MSN6d
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
Trump’s nemesis, the US trade deficit, hit record high in 2024
The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.
Will tariffs reduce trade deficits? Experts weigh in
President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, ...
USA Today10d
Despite tariff disputes, Mexico, Canada have been key to US auto industry for decades
Harley Shaiken, a labor expert and professor emeritus at the University of California, Berkeley, said that with the most ...
Want Free Trade? May I Introduce You to the Tariff.
Countries with democratic governments and mostly free economies should come together and create a new trade regime, based on ...