The national debt is, well, monumental. Currently, it’s north of $34 trillion. There are all kinds of ideas for shrinking the government’s annual budget shortfall and minimizing its impact on the ...

When President-elect Donald Trump recently floated the idea of annexing Canada, a key reason he gave was a claim that the United States was “losing $200 billion a year” to its northern neighbor.

At the core of President Donald Trump’s decision to impose sweeping tariffs on U.S. trading partners is a fixation on closing, if not reversing, America’s trade deficit with nearly all of them. But ...