China’s trade surplus surpassed USD 1 trillion in the first 11 months of 2025, marking the first time in global history that ...

President Donald Trump has pledged that his tariffs will bring manufacturing jobs back to America and make America a net exporter again. So far, the exact opposite has happened: Manufacturing jobs ...

China’s surplus has also been driven by a host of small-ticket items including a surge in low-value packages — the business model employed by online retailers such as Shein and Temu, which have come ...

The US trade deficit unexpectedly narrowed in September to the smallest since mid-2020 as exports surged. The goods and services trade gap shrank nearly 11% from the prior month to $52.8 billion, ...

As was the case in the Trump 1.0 administration, a key policy objective of the Trump 2.0 administration is to reduce the trade deficit and to bring manufacturing jobs back home. However, as was the ...

The US President’s ‘Liberation Day’ tariff announcement has seen a partial rollback to mitigate domestic political ...

President Trump is focused on the goods side of the economy despite the service sector being much more important.

Luis Angeles does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...

Jacob Sullum, a senior editor at Reason magazine, is the author of "Beyond Control: Drug Prohibition, Gun Regulation, and the Search for Sensible Alternatives" (Prometheus Books). Follow him on ...

IMF data for 2025 shows China as the world’s largest surplus economy. Its surplus jumped from $293 billion in 2015 to $641 ...