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US President Donald Trump has announced that all imports from the EU and Mexico will have a 30% tariff as of August 1. He ...
The deficit continued to widen ahead of Trump's "Liberation Day" slate of tariffs, which introduced reciprocal tariffs against dozens of U.S. trading partners. Those tariffs ranged from 10 percent to ...
Finding it hard to track the latest U.S. trade policy state of play? Here's a look the deals the president has announced and ...
But since 1976, we’ve run persistent trade deficits — and yet our growth rate has barely changed. The U.S. economy has continued to expand at just over 2% annually.
His administration used trade deficits to calculate tariff rates. The U.S. trade deficit with a specific country was divided by the dollar value of goods imported from that country, ...
The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the second ...
The U.S. has the highest trade deficit in the world. ... Trump announced at least 10% tariffs for "all" countries, with much higher rates for some countries or trading blocs last week.
Against a ticking clock, President Donald Trump said Wednesday the United States has reached a trade agreement with Vietnam, ...
Blaming foreigners for the trade deficit, therefore, is like blaming the bank for charging a low interest rate. We have a trade deficit because foreigners willingly charge us low interest rates ...