Politicians claim that trade deficits are due to the lack of trade barriers. However, as Ludwig von Mises explained, one ...

The Supreme Court on Friday ruled President Trump exceeded his powers and delared illegal the IEEPA tariffs that were the ...

2025 was supposed to be the turning point. After nearly a trillion dollars in annual trade deficits, America was ready to ...

The U.S. trade deficit for goods hit a record level despite President Trump’s tariff policy.

The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...

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 ...

The trade deficit has narrowed to its smallest since mid-2020, down more than 35% over last year — and more proof that President Donald J. Trump’s America First trade agenda is working. President ...

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 ...

In a remarkable turnaround, the U.S. deficit with Mexico has been larger than the deficit with China for three of the last five months and four of the last seven. In fact, the annual U.S. deficit with ...

After a major legal setback to his sweeping tariff policy, U.S. President Donald Trump has moved swiftly to deploy a new trio of trade laws that could keep his protectionist agenda alive. By invoking ...