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 ...

A new report shows a much lower U.S. trade deficit as tariffs restricted both imports and exports, but some experts say the effects may be temporary.

By David Lawder WASHINGTON, Jan 13 (Reuters) - The U.S. government posted a $145 billion budget deficit for December, up 67% ...

WASHINGTON, Jan 14 (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on ...

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.

Because exports grew more than imports, the U.S. trade deficit shrank, in line with President Donald Trump’s goals.

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 to economic growth in the ...

Customs duties from tariffs were $28B in December, down from $30.8B in November and the lowest since July. The haul from the ...

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 ...

Spiraling interest payments—which grew from $352 billion in 2021 to $970 billion in 2025—put the debt train on an accelerated ...