The annual U.S. deficit with Mexico would be the United States’ largest for the first time were it not for the surge of U.S.
The U.S. government ran a slightly smaller budget shortfall in the most recent year thanks to higher tariff revenue — but the national debt still rose to another record high, and shows no sign of ...
The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal government shutdown and reflecting record tariff revenues offset by a shift ...
The US Treasury's October Monthly Statement shows the government shutdown did not improve the deficit, with spending outpacing revenue growth. Major spending increases in Health and Human Services, ...
WASHINGTON -- The federal government ended fiscal 2025 with a slightly lower deficit than fiscal 2024's total, thanks in part to the Trump administration's embrace of tariffs impacting imported ...
Explore how fiscal deficits impact economic growth, private investment, and interest rates, and learn the balance between short-term boosts and long-term risks.
WASHINGTON, Dec 10 (Reuters) - The U.S. ‌government posted a lower $173 billion ‌deficit in November as tariffs on imports helped to boost revenues, the Treasury Department said on ‍Wednesday. The ...
Since President Donald Trump's 'Liberation Day' tariffs pushed the U.S. bond market into revolt in April, his administration ...
WASHINGTON (AP) — The U.S. trade deficit fell by nearly 24% in August as President Donald Trump‘s sweeping global tariffs pushed imports lower. In a report delayed for more than seven weeks by the ...
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 ...
The world is entering a new era where bond yields are likely to remain structurally higher on an unprecedented wave of ...