New trade deals have sought to address imbalances, but manufacturing jobs are down and businesses are holding back investments.

Trade deficits are down, but factory jobs are, too, and inflation is up. However you slice it, a year of uneven policymaking profoundly reshaped U.S. engagement with the globe.

Much has changed in the U.S. economy since Donald Trump became president again a year ago, but one thing has stayed the same: High U.S. trade deficits.

Robert Goulder comments on recent efforts by U.S. taxpayers to obtain refunds of previously paid IEEPA tariffs.

The Supreme Court’s decision to strike down the bulk of President Donald Trump’s tariffs has created a consolation prize for an administration hell-bent on using tariff revenue to bolster the U.S. economy. While the loss of an estimated $300 billion ...

All eyes are set on U.S. President Donald Trump’s escalating war against Iran, but on the home front, things are not going well. Nearly one year after he launched a barrage of s

The Brookings study estimates that the net impact of Trump’s tariffs on U.S. gross domestic product ranged from a gain of 0.1% to a decline of 0.13%, depending on how trade patterns and prices adjust.

The budget deficit narrowed in February at a slower pace than the previous month as US tariff revenue started to slow from the peak rate hit late last year. For the five months through February, the government had a deficit of $1 trillion, down $148 ...