Worries about government deficits are making one of their periodic tours of Wall Street. Investors say the prospect of bigger budget imbalances in the second Trump administration are a factor behind ...

The federal government recorded one of the largest budget deficits in U.S. history this year when fiscal year 2025 concluded. The nonpartisan Congressional Budget Office (CBO) projected to record a ...

The U.S. trade deficit now routinely tops $1 trillion, principally because of four particularly large U.S. trade deficits – with China, Mexico, Vietnam and Ireland. The 2024 deficit was a record $1.2 ...

Facts around the balance of imports and exports under President Trump and his tariffs can seem impossibly contradictory.

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...