President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...

India's trade deficit stood at $16.5bn a year ago and exports also shrunk by 2.4% year-on-year to $36.43bn in January.

President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, ...

The U.S. State Department has changed references to China on its website, emphasising the trade deficit in an expanded ...

Japan’s trade deficit increased significantly to JPY 2,758.78 billion in January 2025 from JPY 1,766.54 billion in the same ...

BENN STEIL is a Senior Fellow and Director of International Economics at the Council on Foreign Relations. He is the author of The World That Wasn’t: Henry Wallace and the Fate of the American Century ...

Much of this is in the pursuit of a single goal: Shrinking the U.S. trade deficit. A mercantilist, Mr. Trump sees international commerce as a zero-sum game. If a country imports more than it ...

Part of that strategy is Trump's belief that tariffs will help reduce trade deficits. After his initial announcement of 25% tariffs on Mexico and Canada, Trump said the countries "have to ...

Indonesia's current account deficit widened in 2024 as its merchandise trade surplus shrank amid weaker global demand, the ...

India’s merchandise trade deficit expanded to $22.99 billion in January 2025, surpassing market forecasts of $21.0 billion, ...

India's Commerce Minister Piyush Goyal highlights efforts to balance trade with Japan by boosting exports. He calls for ...