Ana Swanson
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Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis

The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.

U.S. Trade Deficit Hit Record in 2024 as Imports Surged

A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.

U.S. Trade Deficit Hit Record in 2024 as Imports Surged

A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.

Trump’s 10% Tariff on Chinese Goods Takes Effect

A 10 percent tariff on Chinese products took effect just after midnight Tuesday, and it remains to be seen if Mr. Trump will strike a...

Who Pays for Tariffs? Here’s What You Need to Know.

President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for Americans. But a review of how they...

Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing

Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his...

Democrats to Question Commerce Nominee’s Web of Financial Interests

Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, is set to be questioned by the Senate in a nomination hearing...

Trumps Threatens Tariffs on Canada, Mexico and China

The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, which together account for more than a third of...

Trump Is Said to Push for Early Reopening of North American Trade Deal

The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking...

Trump Pitches External Revenue Service to Collect Tariffs: What to Know

President Trump wants an External Revenue Service to collect tariffs on imports. But one trade expert said the move may be “more branding than substance.”