The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...
The U.S. Treasury Department released the latest Monthly Treasury Statement on Tuesday, Jan. 13, revealing that the federal ...
The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...
WASHINGTON, Jan 14 (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on ...
The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...
WASHINGTON, Jan 8 (Reuters) - The U.S. trade deficit contracted sharply in October, hitting the lowest level since mid-2009 as imports declined, a trend that if sustained could see trade again adding ...
The United States has grappled with an unsustainable economic imbalance for over two decades, characterised by persistent twin deficits in its fiscal and current account balances.
The US trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in imports, notably pharmaceuticals.
WASHINGTON (Reuters) -President Donald Trump's increased tariffs on U.S. imports from foreign countries could reduce the national deficit by $4 trillion over the next decade, the Congressional Budget ...
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House ...
President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...
As was the case in the Trump 1.0 administration, a key policy objective of the Trump 2.0 administration is to reduce the trade deficit and to bring manufacturing jobs back home. However, as was the ...