Trade surpluses carry a more positive connotation than deficits, but history proves otherwise: prosperity depends on sound fiscal policy, not trade balances. Chronic deficits, like those of the U.S., ...

# “Yes, absolutely. I’m confident we will meet our fiscal goals. Budgets are very cyclical and, especially for us, when the ...

Alabama’s five automaking companies are mulling over possible moves in response to the Trump Administration’s proposed tariffs. The Wall Street Journal is reporting that though the president’s moves ...

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with ...

Trump needs as much revenue as he can get as Republicans in Congress are working to iron out a plan to extend the 2017 tax ...

Economic growth depends on deregulation, tax cuts and the budget deficit, not on the balance of trade.

Peter Navarro argues that President Donald Trump's tariffs will usher in a "structural realignment" of the global economy.

The U.S. State Department has changed references to China on its website, emphasising the trade deficit in an expanded ...

EU Trade Commissioner Maroš Šefčovič said the bloc is "ready to discuss" reducing its 10 percent tariff as part of broader negotiations.

President Donald Trump’s aggressive tariff plans covering many key economic allies and trading partners of the U.S. has ...

President Donald Trump is taking his enthusiasm for tariffs to a new level. In his latest move, he has announced a policy of ...

Another reason why Trump’s logic may not work is the US dollar exchange rate. The dollar has soared in recent months, ...