India’s trade deficit widened more-than-expected last month, as inbound shipments rose more than exports https://t.co/4KL2orFPHv ...

The US agricultural trade deficit hit a record high in the first half of 2025, underscoring the continued decline of American farmers’ long-dominant role in global exports https://t.co/6QRPJyD6qc ...

美国6月整体贸易逆差收窄16.0%，至602亿美元；对中国贸易逆差下降约三分之一，至95亿美元，为2004年2月以来最低。在连续五个月下降之后，美国对华贸易逆差已缩减222亿美元，降幅达70%。 ...

The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back on imports after a massive surge earlier in the year https://t.co/Lkf82fwQ2t ...

The White House released adjusted reciprocal tariff rates covering imports from a range of trading partners, aimed at narrowing trade deficits and raising revenues.Here's what they are https://t.co/inGacMqICq https://t.co/wehI1AhTIf ...

Why has Switzerland been hit so hard. So this came as a complete surprise to the Swiss. The reason for this is Switzerland's great huge surplus with the US.If you ranked the US trade deficits with other countries, the Switzerland ranks number 12. It's a $38 billion. So that obviously is a big number and that's mostly due to pharma.We know that pharma is one of the things that Trump targets. And Switzerland's just got the short end of the stick here. So what has been the response of the Swiss government. The ...

The White House released adjusted reciprocal tariff rates covering imports from a range of trading partners, aimed at narrowing trade deficits and raising revenues. See the full list: https://t.co/skEfdFbrAq📷: Kent Nishimura/Bloomberg https://t.co/1NN0AgCXUa ...

President Trump has declared the trade deficit a national emergency and used the designation to justify the vast majority of his tariffs. Here's what to know https://t.co/gplOepGlD7 ...

Global Economic Outlook - Global economic growth expectations are diminished compared to previous expectations, but a modest upward revision exists compared to April due to easing trade tensions [2][3][4] - Medium-term growth has been relatively weak and is expected to continue, with tariffs potentially exacerbating this trend [6][7] Impact of Tariffs - Tariffs are expected to be around 17% on average for the US on the rest of the world, a significant increase from less than 3% last year [5] - The depreciation of the US dollar is amplifying the tariff shock, making foreign goods more expensive and US goods more competitive [10] - Tariffs are starting to transmit into domestic prices, with importers, distributors, retailers, and eventually customers likely to bear the cost [12][13] US Economic Performance - US GDP outlook for 2025 is revised to 19%, with a slight acceleration to 2% growth in 2026, partly due to tariffs not being as severe as expected and the recent budget bill [7][9][11] - The US economy has been helped by easing financial conditions, with equity markets performing well and a depreciation of the US dollar [10] Trade Deficits and Policy - The US is concerned about its trade deficit, a legitimate concern monitored by the IMF [15][16] - Tariffs and trade policy are unlikely to significantly reduce the US's external deficits, which are primarily driven by domestic fiscal policy [17][18] - The US fiscal policy, with 6-7% public deficits, is a primary driver of the external deficit, and addressing this through fiscal policy is preferable to raising tariffs [18][19]

Yeah, Aean, stick around. Let's also now bring in MCC Global Enterprises CEO, of course, CBC contributor, former anchor Michelle Caruso Cabrero. No disrespect to the EU. EU's big deal. European Union's big economy. It's not China. That that's the deal. >> No, that the EU was the undercard. And now we're getting to the main event. >> Well said. I wish I would have used it. >> And and and as Aean said, it's also the most difficult huge trade deficit that we have with China, something we've been trying to solv ...