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Trump and his tariffs are set to collide with a widening U.S. trade deficit. There’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.
Dollar down in choppy trade on Trump tariff confusion
The U.S. dollar was lower on Monday in choppy trading after conflicting reports about how aggressive President-elect Donald Trump's tariff plans could be when he takes office. The dollar dropped as much as 1.
Trump denies report about changes to tariff plans
President-elect Donald Trump denied a report about his transition team developing a tariff plan that would be more restrained than his campaign proposals.
Dollar tumbles on report of watered-down tariffs despite Trump pushback
"Welcome to the age of Trump 2.0," ING Economics said of the whiplash in the dollar after a report from The Washington Post and Donald Trump's response.
Dollar drops on reports Trump will scale back tariff plans
The dollar fell on Monday following reports that president-elect Donald Trump’s administration is considering watering down a campaign pledge to apply sweeping tariffs on import
4h
on MSN
Braves Could Trade For $34 Million Star Infielder After Bombshell Report
The Atlanta Braves may be in the market for a shortstop and they could swing a trade for Toronto Blue Jays star Bo Bichette.
9h
NBA trade rumors: Grizzlies told not to trade for Jimmy Butler
Miami Heat star Jimmy Butler wants to be traded before the Feb. 6 trade deadline, just not to the Memphis Grizzlies.
14h
on MSN
US Trade Deficit Widens on Largest Jump in Imports Since 2022
The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated ...
4h
on MSN
Trump trade uncertainty exposes stretched markets to volatility shocks: McGeever
U.S. financial markets last year were more sensitive to economic surprises than usual, and as Donald Trump prepares to begin ...
18h
Who wants Jakob Poeltl? How about Bruce Brown? Exploring your Raptors trade ideas
This is a package the Grizzlies could use to try to upgrade the roster. Clarke and Kennard both have their uses as key ...
2h
on MSN
Mets Could Trade For $14 Million Batting Champion If Pete Alonso Bolts
The New York Mets need to be ready to recover if Pete Alonso elects to betray New York and sign with another ball club.
13h
Canada posts nine straight months of trade deficit, surplus with US widens
Canada recorded a ninth consecutive monthly trade deficit in November, albeit smaller than expected, as exports rose faster ...
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