In 2023, the U.S. experienced a trade deficit of $773 billion, with China as its largest trade creditor. The U.S. trade deficit has steadily grown since 2009, regardless of which party held the ...

The tariff barrage that President Donald Trump unleashed this week on the world economy marks a decisive end to an era of freewheeling globalization that was shaped by American policymakers, business ...

International economics have always been interwoven with the contest for global power. That truth has only become more evident in the last year. As the United States slapped partners with tariffs, as ...

Global economic conditions have been resilient to trade-related uncertainties, but worries about a potential AI bubble add to an already long list of concerns. Equity-related wealth effects are ...

The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones are yet to ...