Trump has deemed the U.S. trade deficit a national emergency in defending his use of IEEPA tariffs, a decision on the ...

The monthly trade deficit fell to its lowest level in five years after the president’s imposition of sweeping global tariffs. But it’s unclear whether the trend will persist.

President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...

Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national emergency, an idea that remains contentious. By Ana Swanson Ana Swanson ...