The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...
The U.S. current account deficit shrank sharply in the third quarter, falling to its lowest level in four years as tariffs ...
WASHINGTON, Jan 14 (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on ...
By David Lawder WASHINGTON, Jan 13 (Reuters) - The U.S. government posted a $145 billion budget deficit for December, up 67% ...
Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...
The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...
The steep tariffs President Trump issued in August led to a contraction in imports and the trade deficit, newly released data shows. Note: Data shows goods and services. Source: Bureau of Economic ...
President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...