Through President Donald Trump's first full 10 months in office, the cumulative U.S. trade deficit in goods and services was ...

Five charts show the impact on the economy after a year of sweeping trade changes by the Trump administration.

The US trade deficit ballooned to $56.8 billion in November 2025, crushing economists’ forecasts of $43.4 billion and nearly ...

Since returning to the White House in January, President Donald Trump has overturned decades of U.S. trade policy — building a wall of tariffs around what used to be a wide open economy. His ...

A closer look at trade data shows that fears of tariffs that never materialized—rather than actual tariffs—drove October’s trade deficit down.

How should we assess whether President Donald Trump's tariffs have been effective? It's an important question—yet frustratingly difficult to answer. Trump has outlined overlapping, confusing, and ...

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 American Economic Liberties Project works to ensure America's system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy ...

Charts how key economic indicators evolved during the second term of the Obama administration and how they are faring since Trump took office.

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