The Trump administration appears to have given up its fantastical effort to fully remake the international trade order. Although 10% tariffs versus almost everyone and 145% tariffs against China are ...

Mr. Lighthizer, the author of “No Trade Is Free: Changing Course, Taking On China, and Helping America’s Workers,” was the U.S. trade representative in the first Trump administration. The ...

President Donald Trump called the punishing tariffs he announced on Wednesday “reciprocal,” claiming that the new levies on imports from pretty much every nation—including some that are longtime ...

If President Trump were truly interested in eliminating the trade deficit, he could easily do so by balancing the federal government’s budget. Earlier this month, we learned that the U.S. trade ...

The U.S. has a $158 billion auto trade deficit, importing about $217 billion and exporting about $59 billion in vehicles in 2024. Tariffs could raise costs for automakers that are heavily reliant on ...

The United States goods and trade balance went deeper into the red in December, providing the Trump administration with more leverage as it seeks to reshape America's approach to global commerce.

Sen. Mark Warner asked U.S. Trade Rep Jamieson Greer why the U.S. imposed tariffs on Australia, a country we have a free trade agreement with -- and a trade surplus, during a Senate Finance Committee ...

In February 2025, Japan's trade balance recorded a surplus of JPY 584.5 billion, a shift from the JPY 415.43 billion deficit in February 2024. Despite this positive change, the surplus was below the ...

Australia's trade surplus on goods increased to AUD 5.62 billion in January 2025, up from a downwardly revised AUD 4.92 billion in December 2024, slightly higher than market expectations of a gain of ...