President Donald Trump said the U.S. will impose a 10% tariff on imports from eight European countries starting February 1, tying the move to opposition over Greenland.
All posts in Trade and tariffs
U.S. Trade Deficit Narrows to the Smallest Gap Since May 2009
The U.S. trade deficit narrowed dramatically in October 2025, falling to $29.4 billion, the smallest monthly gap since May 2009, according to new data from the U.S. Census Bureau and Bureau of Economic Analysis. That represents a 39% drop from a revised $48.1 billion deficit in September.
Five Charts That Defined How the U.S. Economy Shifted in 2025
In 2025, the U.S. economy didn’t simply cool or rebound but changed in ways that were visible in the data itself.
A shutdown distorted inflation, tariffs reset global trade, U.S. debt buyers quietly swapped places, and food prices surged. I pick five charts that captured how policy and politics reshaped the American economy in 2025.
The Fed cuts interest rate for second time in 2025
Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.