Countries with democratic governments and mostly free economies should come together and create a new trade regime, based on balance.

In 2024, the overall U.S. trade deficit grew to $918.4 billion, widening 17% from 2023 as imports ballooned more than exports ...

Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion for the third time in four years.

The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited ...