News

Trump Exaggerates Trade Deficit with Switzerland by Ignoring Surplus in Services
President Donald Trump has cited a $40 billion trade deficit with Switzerland to justify a new, high tariff on imported Swiss ...
US trade gap skids to 2-year low; tariffs exert pressure on service sector
Tariffs are leaving their mark on the U.S. economy beyond trade, as a measure of activity in the vast services sector hit ...
Trade deficit sinks to 22-month low as businesses try to time Trump tariffs. GDP to get a boost.
The nation’s trade deficit in goods sank 11% in June to a 22-month low as U.S. companies grappled with on-again, off-again ...
Trade deficit narrows as imports fall in June
The Commerce Department reported Tuesday that the U.S. trade deficit with China fell to $9.5 billion in June, marking its ...
U.S. Imports Slid in June on Higher Tariffs
Imports from other countries fell around 4 percent from the previous month as President Trump’s steep tariffs discouraged ...