Talk about bad timing. On Wednesday, President Trump boasted on social media that the U.S. trade deficit had been reduced by 78 percent thanks to his comprehensive tariff regime, a claim apparently ...

High tariffs were supposed to slash chronically large U.S. trade deficits. Turns out they really didn’t. The nation’s trade deficit fell in 2025 by a meager 0.2% to $901.5 billion, but only due to a ...

As he announced a broad set of new tariffs targeting imports from around the world, President Donald Trump declared his intention to reduce America's trade deficit. "Chronic trade deficits are no ...

President Donald Trump’s tariff policies did little to shrink the overall 2025 trade deficit. However, deficits did fall with several major U.S. trading partners including Canada, Japan and South ...

Goran Skosples is an associate professor of economics at Ohio Wesleyan University. Tariffs have recently been the topic of both significant policy recommendations and casual conversations. One of the ...

The largest monthly U.S. trade deficit is now with Taiwan, the third country in the last four months to have the dubious distinction that was once the sole province of that poster child of trade ...

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 / ...

U.S. posts its third-largest trade deficit ever. China is a big loser, while Vietnam and Taiwan are winners. High tariffs haven't had much effect on chronic U.S. trade deficits. High tariffs were ...