A New York Times chart showing the stark impact President Donald Trump's administration has had on the federal deficit made the rounds on social media Wednesday, prompting a mix of alarm and mockery, ...

Worries about government deficits are making one of their periodic tours of Wall Street. Investors say the prospect of bigger budget imbalances in the second Trump administration are a factor behind ...

The U.S. trade deficit now routinely tops $1 trillion, principally because of four particularly large U.S. trade deficits – with China, Mexico, Vietnam and Ireland. The 2024 deficit was a record $1.2 ...

In a remarkable turnaround, the U.S. deficit with Mexico has been larger than the deficit with China for three of the last five months and four of the last seven. In fact, the annual U.S. deficit with ...

President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff ...