US trade deficit
US Trade Deficit Narrows to Three-Year Low Following Trump's Tariff Implementation
Dec 12, 2025 02:56 am CST
The US trade deficit unexpectedly contracted to $52.8 billion in September 2023, reaching its lowest level since the COVID-19 pandemic in 2020, as exports rose 3.0% while imports increased just 0.6% following the implementation of President Trump's new tariffs targeting major trading partners including the EU, Japan, and China.
Trump Administration Explains How Americans Will Receive $2,000 Tariff Dividend
Nov 10, 2025 04:53 pm CST
US Treasury Secretary Scott Bessent clarifies how the proposed $2,000 tariff dividend announced by President Trump could be distributed to Americans through tax cuts and other fiscal measures, while the Supreme Court evaluates the legality of Trump's tariff policies that could impact this initiative.