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Harvard professor slams 'terribly flawed' trade deficit views, says blaming it on dollar is 'dead wrong'
Harvard Professor and former IMF First Deputy Managing Director Gita Gopinath has strongly rebuked the enduring economic narrative that the U.S. dollar’s status as a global reserve currency is to ...
Donald J. Boudreaux is an economics professor at George Mason University and a senior fellow at the Mercatus Center. Mark J. Perry is a former professor of economics at the University of Michigan at ...
Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest ...
Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Kent Nishimura / ...
Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...
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