The US trade deficit widened to $77.6B in May 2026, up from $54.6B in April, driven by a $23.6B surge in the goods deficit ...

Technical consultations on a joint feasibility study for a China-UK Services Trade Agreement were held in London from Tuesday ...

While the White House wages a trade war on behalf of US manufacturing, the largest and most important part of the American economy — one that has a trade surplus, not a gap — is under threat. The US ...

When the Services Trade Data Tells You More About Tax Avoidance Than About Actual Trade… In theory, there is a strong case for trade in services—specialization raises the productivity of all. Yet the ...

The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...

Chances are you do not work in agriculture or in manufacturing. In fact, four out of five jobs in the United States are in “services,” and 75 percent of U.S. GDP is derived from services. Worldwide, ...

President Donald Trump says U.S. factories hollowed out by rapacious foreign competition can produce well-paying new jobs only if they are protected by the highest tariffs since the 1930s. But those ...

I’m taking a short break from tariffs this week to focus on a different and often misunderstood part of the trade picture—the role services provided inside the United States play in our trade balance.