The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal ...

The U.S. trade deficit narrowed more than expected in August as imports declined, but trade could still subtract from economic growth in the third quarter. The trade gap contracted 23.8% to $59.6 ...

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower ...

US deficit rises as entitlement and debt costs soar, despite higher tariffs. Learn why reform is crucial for fiscal stability ...

WASHINGTON (Reuters) -The U.S. trade deficit in goods contracted sharply in August amid a plunge in imports, government data showed. The goods trade gap narrowed 16.8% to $85.5 billion last month, the ...

(Reuters) -The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary Scott Bessent said on Wednesday. "The deficit-to-GDP, which is the important ...

The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in ...

Tariffs have caused big swings in imports of goods like iPhones as U.S. businesses grapple with how to respond. The numbers: The nation's trade deficit in goods sank 17% in August to a two-year low, ...

WASHINGTON -- The federal government ended fiscal 2025 with a slightly lower deficit than fiscal 2024's total, thanks in part to the Trump administration's embrace of tariffs impacting imported ...

President Trump has overturned decades of US policy in favor of free trade, slapping double-digit tariffs on imports from most countries and targeting specific products.