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Trump, deficit and tariffs

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USA TODAY |
A trade deficit can emerge when a country becomes an ideal destination for foreign investment.
Reuters |
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glo...
CNN |
Trump’s tariff hike, albeit short-lived, was the sharpest ever according to data going back 200 years, Fitch Ratings told CNN, which would have likely resulted in higher inflation and weaker economic...

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Trump tariffs appear aimed at closing the trade deficit. Experts are skeptical it'll work
An overall trade deficit occurs when the monetary value of a country’s imports exceeds that of its exports. Trump’s tariffs appear focused on balancing or even reversing the country’s overall trade deficit by addressing U.S. deficits with individual countries.
Why Trump hates the U.S. trade deficit and what that means for you
At the core of President Donald Trump’s decision to impose sweeping tariffs on U.S. trading partners is a fixation on closing, if not reversing, America’s trade deficit with nearly all of them.
No, that’s not what a trade deficit means – and that’s not how you calculate other nations’ tariffs
To calculate its ‘reciprocal tariffs’, the Trump administration has opted for a crude formula with no basis in trade theory. We are all going to pay the price.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
Trump threatens to end pharmaceuticals tariff exemption
The US president vows "major" tariffs on imported medicines - raising fears of an increase in costs for Americans.
Trump's Latest Tariffs Loom, Set to Deepen Global Trade War
Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,
Trump’s top trade official wasn’t informed of tariff delay until after announcement
US Trade Representative Jamieson Greer on Wednesday continued to defend President Donald Trump’s aggressive trade agenda as even higher tariffs went into effect for dozens of countries and trade tensions with China reach a fever pitch.
Trump says pharmaceutical tariffs coming ‘very shortly’
President Trump has long bemoaned a lack of domestic pharmaceutical production and has repeatedly promised tariffs to bring more capacity into the country.
Global pharma shares plunge as Trump doubles down on tariff threat
Global drugmakers' stocks dropped across the board after U.S. President Donald Trump reiterated plans for a "major" tariff on pharmaceutical imports, threatening an interwoven global supply chain, and as his country-specific reciprocal tariffs took effect,
‘Totally Silly.’ Trump’s Focus on Trade Deficit Bewilders Economists.
Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with every U.S. trading partner.
Economists Say America’s Trade Deficits, Which Trump Seeks to Close With Tariffs, Are a Sign of Dominance Not Weakness
The faster the U.S. economy grows, the more imports Americans tend to buy and the wider trade deficits tend to get.
Trade deficits explained: Understanding the imbalance in global trade
The U.S. has the highest trade deficit in the world. Who has the highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean.
Oaktree's Howard Marks warns the trade war risks the US's 'golden credit card'
The US has relied on its 'golden credit card' to run fiscal deficits for decades, the Oaktree cofounder wrote.
Are trade deficits bad for the U.S. economy?
The Dow, Nasdaq and S&P 500 closed in negative territory Tuesday as investors continue to reel from President Trump's global tariffs. Martin Baccardax, senior editor and chief markets correspondent at TheStreet,
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Bloomberg L.P.13d
Tariffs Will Destroy the Best Cure for the Trade Deficit
Trump’s upcoming tariff barrage is supposed to reduce trade deficits by cutting out imports. Forgotten amid all the administration’s threats and justifications is the other side of the trade equation. More exports not only reduce deficits but also ...
Netanyahu says he'll eliminate Israel's trade deficit with the US. Here are the biggest exports between the 2 allies.
Netanyahu said he will eliminate Israel's trade deficit with the US, which totaled $7.4 billion in goods in 2024.
Trump advisors argue steep tariffs on countries like Vietnam and Cambodia are needed to erase trade deficits and rework supply chains. The economics say that’s going to be a ...
Despite promises made by Southeast Asia governments, consumers in the region may not be able to afford American-made products.
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