balance of trade – Deena Zaidi

America’s Tariff War Deepens as Dozens of Countries Brace for Revised ‘Reciprocal’ U.S. Tariffs

August 7, 2025August 7, 2025Deena ZaidiAsia-Pacific, Brazil, China, Graphs, Graphs, India, Trade and tariffs, United States of America, World economy, World Economy, World trade

After months of negotiations, pauses, and delays, a sweeping new tariff slate took effect Thursday—marking a new era in U.S. trade policy, with import rates reaching their highest levels since the Great Depression.

U.S. Trade Deficit Shrinks to $60.2B in June — Smallest Gap Since September 2023

August 5, 2025August 5, 2025Deena ZaidiChina, Europe, Japan, Middle East, Trade and tariffs, United States of America, World economy, World Economy, World trade

U.S. trade deficit shrank to $60.2B in June 2025, the lowest since Sept. 2023, driven by falling imports and rising tariff uncertainty.

U.S. Trade Deficit Drops 56% as April Imports Fall

June 5, 2025August 7, 2025Deena ZaidiWorld Economy, World trade

April’s trade deficit plunged from a revised $138.3 billion in March to $61.6 billion, driven by a 16% drop in imports that reversed the pre-“liberation day” spike.

IMF downgrades U.S. outlook amid tariff uncertainty

April 22, 2025April 23, 2025Deena ZaidiChina, Japan, World Economy, World economy, World trade

IMF issued its steepest downgrade for the U.S. among advanced economies, citing rising tariff-related uncertainty and a heightened risk of recession. Global economic sentiment has dimmed, with the IMF now projecting a 37% chance of a U.S. downturn—up sharply from 25% just months ago.