The current account deficit is also referred to as the “balance of payments deficit” or simply “trade deficit.” Whenever the dollar value of tangible consumer goods purchased by the United ...

If President Trump were truly interested in eliminating the trade deficit, he could easily do so by balancing the federal ...

The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...

One of his biggest complaints - trade deficits. (SOUNDBITE OF ARCHIVED RECORDING) PRESIDENT DONALD TRUMP: Tremendous deficits with Mexico and Canada. And why? What's the purpose of that?

Cargo cranes remove containers in Tacoma, Washington, in November 2019. (Ted S. Warren/AP) The prevailing dislike for imports among America’s political class has an old and bipartisan pedigree.

The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again. By Ana Swanson Ana Swanson covers international trade and is based in Washington To President ...

Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.