The office of the U.S. Trade Representative purported a summertime scoop: "America had a trade surplus in ice cream in 2020 under President Trump's leadership, but that surplus turned into a trade deficit of $40.6 million under President Biden's watch."

LUTNICK: "Since 1985, we went from owning net 5% of the rest of the world, to the rest of the world owning just about 19% of us. What Donald Trump is trying to change is that model." This clip is from Daily Caller Live: American Jobs,

European companies are facing increasing pressure due to China's alleged currency manipulation to keep its yuan weak, a study by the German Economic Institute showed, as EU leaders prepared for a summit in Beijing aimed at navigating trade disputes.

The nation's trade deficit shrank 19% in April to $87.1 billion as exports rebounded and imports fell, but the U.S. is still on track to post another record trade gap in 2022.

At a tense summit in Beijing, Chinese President Xi Jinping urged EU leaders to handle differences as trade tensions peak. EU officials, including Ursula von der Leyen, seek a balanced approach amid a record trade deficit and recent disputes over China’s overcapacity and global market influence.

The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the second quarter.

The U.S. trade deficit in goods hit an all-time high in 2021 and topped $1 trillion for the first time, as an economic recovery enabled Americans to snap up a record amount of imports such as toys ...

India's trade deficit narrows in June 2025, with exports surpassing imports, aided by government schemes and FTAs.

India's merchandise trade deficit narrowed in June due to a sharp fall in imports, even as the value of exports slipped to a seven-month low following a drop in global commodity prices, data released on Tuesday showed.