More than half of global trade is conducted in dollars, and the United States is, by some measures, still the world’s largest economy as well as the world’s dominant political and military power. But ...

The U.S. government ran a $27 billion budget surplus in June, fueled in part by record tariff revenue, according to ...

Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a ...

The US 35% tariff on Canada and President Trump's threat to have a 15%-20% universal tariff rather than 10% provides today's disruption. Click to read.

This article was originally published on May 22, 2025, and revised to reflect developments through June 3, 2025. It does not ...

It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.

Japan is unlikely to face pressure from the United States to intentionally strengthen the yen despite President Donald ...

Japan posted a current account surplus of 3,436.4 billion yen in May, the highest level for the month, thanks partly to a lower trade deficit reflecting falls in the prices of natural resources from ...

China’s 2024 current account surplus was around $430 billion, below the $500 billion dollar surplus registered by the EU. As ...