News

Advance Trade Balance Sinks to All-Time Depth The March report for Advance Trade Balance on Goods came out this morning, hitting an all-time high (low?) of -$162 billion, from an adjusted -$147.8 ...
President Trump, ever the businessman, views the U.S. trade balance like the financial statements of a business. But what is true for a business is not necessarily true for the economy.
The map and table below show the United States 2024 goods trade balance -- the difference between its imports and exports -- with every country. The largest trade deficits held by the United ...
A country’s trade balance is tightly related to its balance of savings and investment. And Americans are not big savers. “Nations that tend to save less and spend more will run trade deficits ...