The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...

The U.S. current account deficit shrank sharply in the third quarter, falling to its lowest level in four years as tariffs ...

WASHINGTON, Jan 14 (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on ...

By David Lawder WASHINGTON, Jan 13 (Reuters) - The U.S. government posted a $145 billion budget deficit for December, up 67% ...

Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...

The United States has grappled with an unsustainable economic imbalance for over two decades, characterised by persistent twin deficits in its fiscal and current account balances.

WASHINGTON (Reuters) -President Donald Trump's increased tariffs on U.S. imports from foreign countries could reduce the national deficit by $4 trillion over the next decade, the Congressional Budget ...

The steep tariffs President Trump issued in August led to a contraction in imports and the trade deficit, newly released data shows. Note: Data shows goods and services. Source: Bureau of Economic ...

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 ...