Economic tensions between major powers are escalating, but a dissenting voice challenges the prevailing narrative in Washington. Boris Kopeikin, chief economist at the Stolypin Institute, argues that the […]
Canada’s Current Account Deficit Hits Historic High: Q2 2025 Data
Canada’s current account deficit reached a historic high of $21.16 billion in the second quarter of 2025, largely driven by declining exports to the US due to trade […]
Canada’s Trade Deficit Soars to Record High, Driving Recession Concerns
Canada’s trade balance hit a new record low in Q2 2025, with the current account deficit ballooning by nearly $20 billion to reach an alarming $21.16 billion. This […]
U.S. Trade Deficit Shrinks in April, Surprising Analysts
The United States’ trade deficit narrowed unexpectedly in April, recording a $61.6 billion deficit instead of the predicted $70 billion shortfall. This surprise outcome comes as the previous […]
U.S. Trade Deficit Hits Record High Amidst Import Surge
The U.S. trade deficit soared to a record $140.5 billion in March 2025, driven by surging imports, according to recent data from the U.S. Census Bureau and BEA. […]
Record $16.5 Billion in US Customs Duties Set Record High
The US Customs and Border Protection (CBP) reported record-breaking customs duties of $16.5 billion in April 2025, signaling a significant shift in trade dynamics. This surge is attributed […]
U.S. Trade Deficit Widens on Export Decline
The U.S.’s trade deficit widened significantly in March 2025, reaching $140.5 billion, according to recent data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. […]
US Imposes Tariffs to Address Trade Deficit, Setting Off Potential Global Trade Retaliation
The United States recently enacted tariffs in an effort to address a significant trade deficit. This decision was made by President Trump, who invoked the International Emergency Economic […]
U.S. Trade Deficit Hits Record High in March
The U.S. recorded a record goods trade deficit in March, exceeding expectations and reaching $162 billion according to BlockBeats. This figure marks a significant jump from the projected […]
U.S. Goods Trade Deficit Reaches Record $162 Billion, Market Impact Speculated
The U.S. trade deficit surged to a record $162 billion in March, surpassing economists’ predictions of $145 billion. This unexpected figure raises questions about its impact on economic […]
U.S. Trade Deficit Reaches Record High in March
The United States recorded a record-breaking goods trade deficit of $162 billion in March, significantly exceeding forecasts of $145 billion. This surge indicates ongoing difficulties with the nation’s […]