The U.S. trade deficit for goods hit a record level despite President Trump’s tariff policy.

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

Taken in absolute terms at the end of each presidential term, the claim is true. However, while a U.S. president can direct policy and campaign for certain spending priorities and tax reforms, the ...

The Trade Deficit is one of the two components of the 'twin deficits,' the other being the federal budget deficit. The October trade deficit came in at -$29.3B, the smallest since the 2009 Great ...

There are significant fears over U.S. deficits and debt. But there is little evidence that this will lead to higher interest rates. Rather, we expect a slowdown in long-term GDP growth and potentially ...

The U.S. government recorded a $1.8 trillion budget deficit for fiscal 2025, just $8 billion smaller than the previous year, the Congressional Budget Office said. Revenue rose 6% while spending ...

The U.S. trade deficit with the world will set a record in 2025, which will be the fourth record in Trump’s five years in office, according to my analysis of U.S. Census Bureau data. It will surpass ...

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The Trump administration's aggressive tariff strategy has collided with a sharp swing in the trade numbers, leaving the United States with its smallest trade gap in five years and a very different ...

The University’s budget deficit shrank to $160 million in 2025, according to its most recent financial statement released this Wednesday. The 44 percent decrease in fiscal year (FY) 2025 from last ...

With an improved financial performance in FY 2025, the University of Chicago is ahead of schedule to operate with a balanced budget by 2028. The University of Chicago reduced its budget deficit from ...