President Donald Trump has said his tariffs were designed to close the gap between the amount of goods imported and exported.

By keeping inventory in bonded warehouses or foreign trade zones, importers were able to hedge the tariff rate they ...

The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back on imports after a ...

President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.

The Salt Lake City-based World Trade Center, where the mission is to grow Utah companies through global networking and ...

Turkey's foreign trade deficit shrank by 12.1% y/y to $6.4bn in July, Trade Minister Omer Bolat told a press conference on ...

So, the U.S. imports more and exports less, “The likely effect of all of that is a bigger U.S. trade deficit,” Obstfeld said.

Foreign Trade Zones date back to the time of another trade war. They were created by a law four years after the Smoot-Hawley Tariff Act, which sparked its own trade war in the 1930s.

According to the National Association of Foreign-Trade Zones, in recent years, FTZs have directly and indirectly supported around 420,000 jobs.

Salt Lake City recently transferred authority of a zone that can help businesses importing goods. It's now poised for ...

Finance Minister François-Philippe Champagne confirmed Monday that he and Foreign Affairs Minister Anita Anand will be ...

The Court of International Trade’s ruling on Donald Trump’s tariffs is the most consequential potential setback for the president’s trade agenda to date. CFR experts weigh in.