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 ...

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?

Annual U.S. trade deficits in goods. ’00 ’05 ’10 ’15 ’20 The U.S. trade deficit in goods hit a record $1.2 trillion last year, as American consumers snapped up imported products and a ...

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.

The United States ran historically large trade deficits during the 2000s and accumulated large debts to both official and private foreign lenders. This development has raised doubts in many ...