US trade deficit News

President Trump Pledges Major Overhaul to Tackle Soaring US Trade Deficit

President Donald Trump has announced plans to address the US trade deficit, which saw a significant increase in January. Trump criticized his predecessor, Joe Biden, for the curren...

Reeves Asserts UK's Minimal Impact on US Trade Deficit Amid Trump's Concerns

British Chancellor Rachel Reeves clarifies that the UK does not contribute to the US trade deficit, highlighting increased trade during Trump's previous term.

Nasdaq Takes a 2% Hit Amid Disappointing US Trade Data Release

The Nasdaq 100 dropped 2% following disappointing US trade data revealing an increased trade deficit. Major indexes, including the Dow Jones and S&P 500, also saw declines, wit...