President Donald Trump called the punishing tariffs he announced on Wednesday “reciprocal,” claiming that the new levies on imports from pretty much every nation—including some that are longtime ...

International trade is always balanced. Trade deficits are imbalances in only a single part of the total balance of international payments. Any trade deficit is offset by surpluses in other parts of ...

Japan’s balance of trade unexpectedly swung to its first surplus since July 2021, an outcome that should help ease pressure on the economy’s recovery, though risks remain for the growth outlook. The ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The IMF’s surveillance cycle for China is wrapping up, and at least judging from ...