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As war in Iran erodes nitrogen fertilizer market, American farmers pay the price

by Nick Song | Apr 14, 2026 | Trade

Fertilizer plays a critical role in modern agriculture, so critical that U.S. farmers are expected to spend $260 more per planted acre on fertilizer than on seeds. As American farmers prep their fields for the spring growing season, their minds are not on the soil in...
U.S. trade deficit shrinks, signaling calm before a storm of global uncertainty

U.S. trade deficit shrinks, signaling calm before a storm of global uncertainty

by Nick Song | Mar 30, 2026 | Trade

Rising demand for exports decreased the United States trade deficit in January as small businesses exhibited signs of short-lived stability. The nation’s trade balance in goods and services decreased 25% to $54.5 billion, according to the latest numbers from the...
Trump’s tariffs fails to shrink U.S. annual imports while raising costs at home

Trump’s tariffs fails to shrink U.S. annual imports while raising costs at home

by Nick Song | Mar 2, 2026 | Trade

The U.S. trade deficit increased in December, capping off a turbulent year marked by tariffs that created widespread disruption but failed to make a dent in the trade deficit. Data released by the Commerce Department showed the trade deficit for 2025 decreased by just...
Obscured by talks of tariffs, other trade policy changes have companies worried

Obscured by talks of tariffs, other trade policy changes have companies worried

by Sandra Sadek | Apr 1, 2025 | Featured, Trade

Grace Welborn’s job as a lawyer is to make sure her clients comply with the complicated world of trade regulations. But in February, she learned of a major regulatory development pausing the processing of certain export license applications – not from a government...
Trade war uncertainty and growing trade deficit leaves U.S. companies vulnerable

Trade war uncertainty and growing trade deficit leaves U.S. companies vulnerable

by Sandra Sadek | Mar 8, 2025 | Featured, Trade

NEW YORK – President Donald Trump’s tit-for-tat economic policies have forced businesses to brace for an all-out trade war, and pushed the trade deficit to levels unseen before. The latest numbers from the Bureau of Economic Analysis show that the goods and services...
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About Us

Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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