The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a record surge in customs revenue.
WASHINGTON, Jan 14 (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on imports and primary income surged. The Commerce Department's Bureau of ...
The Trade Balance report, a key indicator of the economic health of the nation, was released today, revealing a significant increase in the US trade deficit. The actual figure stood at a staggering ...
President Donald Trump has cited a $40 billion trade deficit with Switzerland to justify a new, high tariff on imported Swiss goods. But his figure ignores trade in services. The overall ...