Two new pieces of economic data, one released Thursday and one released Friday, blew another hole in President Donald Trump’s triumphant narrative about the effects of his tariffs.

The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.

President Donald Trump insisted the Supreme Court’s tariff ruling had actually rendered him “stronger.” That’s objectively ...

The U.S. trade deficit narrowed from $904 billion in 2024 to about $901 billion last year, still the third-highest deficit on ...

One of Donald Trump's many lies about the trade deficit was exposed in less than 24 hours. Trump’s Trade Deficit Lie Gets ...

Key Takeaways President Donald Trump’s tariff policies did little to shrink the overall 2025 trade deficit.However, deficits did fall with several major U.S. trading partners including Canada, Japan ...

The Supreme Court’s decision to strike down Trump’s tariffs cuts consumer costs, sparks refund battles and raises new ...

The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...

Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an ...