President Donald Trump and his administration are racing to get trade deals done ahead of a self-imposed deadline, at which ...

Singapore: When US President Donald Trump talks about the need for a “big, beautiful trade deal” because of the nation’s ...

The August 1 deadline gives the countries time to negotiate agreements that could lower the tariffs. Some investors and economists have also noted Trump's pattern of backing off his tariff threats.

Trade deficits and capital surpluses are two sides of the same coin. The value of the dollar is set on the foreign-exchange market, where the daily trading volume is $6.6 trillion.

In February, the overall U.S. trade deficit was $122.7 billion, ... Also referred to as a negative balance of trade, it can be calculated for goods, services, and international transactions.

Though the balance of dividend and interest payments was a favorable $375,000,000 and miscellaneous transactions yielded another $30,000,000 credit, the U. S. wound up the year owing other ...