Trump’s Tariffs Loom as Deficit Increases

Trump’s Tariffs Loom as Deficit Increases

The U.S. trade deficit grew in January to its highest level in nearly a decade, despite President Trump’s aim to shrink it.   The deficit rose from $53.9 billion to $56.6 billion with a 5 percent increase from December.  The deficit continued to rise to its largest...

Five Things to Watch in the March Trade Balance Report

The Bureau of Economic Analysis releases its tally of goods and services traded in March on Tuesday morning. Economists surveyed by Bloomberg expect the U.S. trade balance to shrink to $41.3 billion for the month. Here are five things to watch in the report. By Nico...