Economic growth depends on deregulation, tax cuts and the budget deficit, not on the balance of trade.
President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, ...
The performance of the Cypriot economy is currently rather noteworthy: satisfactory growth, low unemployment, modest inflation and surpluses in public finances. However, over time, it has also ...
Japan’s digital trade deficit reached an unprecedented ¥6.65 trillion in 2024, highlighting the increasing reliance on foreign digital services, particularly from dominant U.S. technology firms. This ...
Part of that strategy is Trump's belief that tariffs will help reduce trade deficits. After his initial announcement of 25% tariffs on Mexico and Canada, Trump said the countries "have to ...
Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President ...
April-January period, exports increased by 1.39% to $358.91 billion and imports by 7.43% to $601.9 billion, reports The ...
Trump has lived up to his campaign pledges to resume his hardball trade diplomacy. A trade deficit occurs when a country’s imports exceed its exports to another country. The balance is usually ...
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again. By Ana Swanson Ana Swanson covers international trade and is based in Washington To President ...