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.

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.

The "reciprocal" tariffs that President Donald Trump announced this week are based on a flagrant fallacy: the idea that there is something inherently

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%

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.

A number of import taxes are still in place, and with many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.

President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months

Hill Republicans remain largely in lockstep with President Donald Trump. But many are holding out hope the tariffs are a temporary negotiating tactic.

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.