2025 was supposed to be the turning point. After nearly a trillion dollars in annual trade deficits, America was ready to change course. In his second term, Donald Trump put tariffs at the center of ...

The White House’s trade agreements with Japan and the EU were in part designed with the intention of reducing the trade deficit with both of these trading partners — never mind that trade deficits are ...

For months, President Donald Trump has insisted that America's huge trade deficit could be tamed with one blunt tool: tariffs. In September, the numbers finally moved his way. New figures from the ...