Facts around the balance of imports and exports under President Trump and his tariffs can seem impossibly contradictory.

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled. Following a month where the trade deficit hit its lowest level since ...

Trump promotes reduced trade deficit and tariff revenue as economic successes. Some economists argue that these indicators do not reflect overall US economic health or growth. Economists told Business ...

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 ...

Goran Skosples is an associate professor of economics at Ohio Wesleyan University. Tariffs have recently been the topic of both significant policy recommendations and casual conversations. One of the ...