Harvard Professor and former IMF First Deputy Managing Director Gita Gopinath has strongly rebuked the enduring economic narrative that the U.S. dollar’s status as a global reserve currency is to ...

For every $100 billion increase in the trade deficit since 1975, U.S. household wealth has increased by an average of $76,000 ...

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 recently released 2026 Trade Policy Agenda declares that “America is back.” It argues that tariffs, “reciprocal” trade deals and sector-specific interventions are rebuilding ...

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 ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Kent Nishimura / ...

Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest ...