The U.S. goods trade deficit widened to a new record in 2025, government data showed Thursday, despite sweeping tariffs imposed by President Donald Trump during his first year in the White House.The U.S. goods deficit last year was $1.24 trillion, up slightly from 2024 levels, the Commerce Department said. But the goods trade gap with […]
At what appears to be a key moment in the ongoing US-China trade dynamic, the latest meeting between President Donald Trump and President Xi Jinping has marked a pause – if not a breakthrough – in years of escalating tensions. While the contrasting styles of the two leaders were clearly visible – “Xi’s calm, predictable […]