The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled ...

The US trade deficit ballooned to $56.8 billion in November 2025, crushing economists’ forecasts of $43.4 billion and nearly ...

Five charts show the impact on the economy after a year of sweeping trade changes by the Trump administration.

Through President Donald Trump's first full 10 months in office, the cumulative U.S. trade deficit in goods and services was ...

The goods news: the US trade deficit has shrunk. On a rolling 12m basis the trade deficit is down to around $500 billion, and the data from the last few months suggests that it should fall even ...

President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...

The Trump administration's aggressive tariff strategy has collided with a sharp swing in the trade numbers, leaving the United States with its smallest trade gap in five years and a very different ...

A closer look at trade data shows that fears of tariffs that never materialized—rather than actual tariffs—drove October’s trade deficit down.

How should we assess whether President Donald Trump's tariffs have been effective? It's an important question—yet frustratingly difficult to answer. Trump has outlined overlapping, confusing, and ...

The American Economic Liberties Project works to ensure America's system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy ...

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s tariffs weaned their way ...