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Trump, trade deficit
U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in good in 2024, spotlighting what is likely to be running sore spot under the second administration of President Trump.
U.S. Trade Deficit Soars As Buyers Race To Beat Trump's Tariffs
Trump has promised to enact strict tariffs on major trading partners, and economists said businesses are likely trying to get ahead of any potential effects.
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad tariffs from President Donald Trump's new administration.
US Merchandise-Trade Deficit Widened to Record Ahead of Trump
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.
Trump, inflation and federal reserve
Trump says Powell and Fed ‘failed to stop the problem they created’ on inflation
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the central bank 'failed to stop the problem they created' on inflation.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which became a regular feature during his first term.
Trump, Canada and Mexico
Trump Promises Tariffs on Canada and Mexico, and Paves Way for Further Trade Action
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.
Trump Commerce Nominee Says Canada, Mexico Can Avoid Tariffs, Vows Stronger China Tech Curbs
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
Trump commerce pick says favors broad tariffs, vows tough China stance
Donald Trump's commerce secretary nominee told his US Senate confirmation hearing Wednesday he favors "across-the-board" tariffs targeting countries rather than products, while signaling a hawkish China stance.
China, Trump
How China could retaliate against Trump's tariffs
China is President Donald Trump's prime target for a trade war — again. But China already put its boxing gloves on. In his first term, Trump slapped high tariffs on a range of Chinese goods. This time,
A big, beautiful Trump deal with China?
I T SOUNDS ODD, but hints keep piling up that President Donald Trump is tempted by a big, beautiful deal with China’s Xi Jinping. That runs counter to campaign-trail vows to hit China with crippling tariffs.
What China wants from Trump
Hosting President Donald Trump on a state visit to China in November 2017, President Xi Jinping threw out the red carpet. He did so both figuratively and literally. Trump was subject to a lavish display of deference and praise.
2d
on MSN
‘That Would Give Trump Pause’: How to Game Out the Next Trade War
Trump’s main goal is clear. He sees persistent trade surpluses with the U.S. as proof the U.S. is getting ripped off. Tariffs ...
2d
on MSN
Mike Johnson doubts there will be ‘across-the-board tariffs’ as Trump’s trade ultimatum to Mexico, Canada looms
I think he’s going to be wise in how he does that,’ the House speaker said Monday of Trump’s warnings to America’s neighbors.
1h
A Silicon Valley deal maker is set to join the Trump administration.
Michael Grimes, a top banker at Morgan Stanley, would become the latest leading tech figure to join the administration, as a ...
2d
The lessons for Canada, Mexico, and China from Trump's 10-hour trade war against Colombia
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump ...
6d
on MSN
Fact check: Trump makes false claims about trade with Canada and Europe in remarks to Davos
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...
The Washington Post
4d
Trump’s new trade war may prove far more disruptive than his first
But
Trump
’s second
trade
war is shaping up to be much different from his first. The president’s ambitions for a reordering of world commerce are broader. The opposition — at home and abroad ...
The Atlantic on MSN
7h
Trump’s Latin American Gamble
For a moment on Sunday, the government of Colombia’s Gustavo Petro looked like it might be the first in Latin America to take ...
2d
Trump emphasizes 'fair' trade, discusses defense buys and immigration with Modi
U.S. President Donald Trump stressed the importance of India buying more American-made security equipment and moving toward a ...
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