White House National Economic Council Director Kevin Hassett said the United States has "persistent" trade deficits with ...

Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...

Trump, who has imposed 25% tariffs on almost all products imported from Canada, has repeatedly said this year that the US has ...

A key economic adviser to US President Donald Trump pointed to South Korea, along with Europe and China, as among the ...

Liberal MP Aaron Violi discusses the upcoming federal budget following Treasurer Jim Chalmers’ recent press conference.

Among the most common economic justifications for tariffs today is that they’re needed to shrink a U.S. trade deficit that ...

Treasury Secretary Scott Bessent on Sunday said he's not worried because stock market corrections are healthy and normal, ...

The US has a persistent trade deficit with Sri Lanka. Despite almost universal agreement among economists that trade deficits ...

The precious metal is forecast to be in a market deficit of 848,000 ounces in 2025—from prior expectations of 539,000 ...

The deficits for the current financial year and the next are both far beyond the limits government set for itself. The ...