A New York Times chart showing the stark impact President Donald Trump's administration has had on the federal deficit made the rounds on social media Wednesday, prompting a mix of alarm and mockery, ...

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 ...

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 ...