Tags » U.S. Trade Deficit

Why should we care about the trade deficit?

American Shoppers at Walmart Store – Christmas 2017
Photo Credit: Digg/Associated Press

America’s trade deficit has been making the news. Our president loves to quote the amount of $800 billion: the U.S. 453 more words

United States

"U.S." Chamber of Commerce Sides with China


There are few groups I despise as much as the “U.S.” Chamber of Commerce.  First of all, let’s be clear about who they are.  It’s not an American organization that promotes American interests.  799 more words


Trade Deficit Soars in January


The above-linked report, released by the Bureau of Economic Analysis (BEA) this morning, reports that the trade deficit soared in January to $56.6 billion, the worst reading since October 2008.  205 more words


US trade deficit hits more than nine-year high in January as exports falter

The US trade deficit increased to a more than nine-year high in January, with the shortfall with China widening sharply, suggesting that President Donald Trump… 107 more words

The Trade Deficit is Bankrupting the U.S.

Earlier this past week, the Commerce Department released the trade figures for the month of December.  The news wasn’t good.  The overall deficit jumped to $53.1 billion, the highest since the Great Recession in 2009.  1,831 more words


Another Month, Another Record Trade Deficit

Yesterday the U.S. Bureau of Economic Analysis released the international trade data for the month of November:


The overall deficit rose to $50.5 billion, the worst reading since January of 2012, but not quite a record, thanks to steady, dramatic improvement in the balance of trade in petroleum products which, at one time, used to be the driving force behind the trade deficit.  202 more words


Trump on Trade with China: Media Misses the Point


As was widely reported yesterday morning, Trump emerged from two hours of a meeting with Chinese premier Xi Jinping and had this to say: 511 more words