Worries about government deficits are making one of their periodic tours of Wall Street. Investors say the prospect of bigger budget imbalances in the second Trump administration are a factor behind ...

Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing ...

The federal government recorded one of the largest budget deficits in U.S. history this year when fiscal year 2025 concluded. The nonpartisan Congressional Budget Office (CBO) projected to record a ...

The U.S. trade deficit now routinely tops $1 trillion, principally because of four particularly large U.S. trade deficits – with China, Mexico, Vietnam and Ireland. The 2024 deficit was a record $1.2 ...

For decades, Trump has been arguing that trade deficits are bad. BUT - should we be eliminating trade deficits at all? Economist and Harvard professor Jason Furman says no. TRUMP: My old speeches - ...

When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on Wednesday -- upending global trade and sending markets into a tailspin-- he presented the move as a response to a ...

President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff ...

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...

Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with every U.S. trading partner. By Ana Swanson Ana Swanson has written about ...