The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.

The federal government is projected to post a $2 trillion deficit in fiscal year 2026, double the 3% of GDP target that has ...

The deficit decrease is largely a response to last year, when trade and the deficit swelled in anticipation of President Trump’s April 2 “Liberation Day” tariffs.

FILE PHOTO: An American flag flutters over a ship and shipping containers at the Port of Los Angeles, in San Pedro California, U.S., May 13, 2025. REUTERS/Mike Blake/File Photo WASHINGTON, Feb 19 ...

WASHINGTON (AP) — The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries. But ...

A general view as day breaks over the U.S. Capitol in Washington, D.C., U.S., November 18, 2025. REUTERS/Jonathan Ernst WASHINGTON, Feb 11 (Reuters) - The U.S. budget deficit will grow slightly in ...

The value of stuff the U.S. imported (like passenger vehicles) rose, but so did the value of stuff it exported (like oil and agricultural products). In the midst of a tumultuous world economy — ...

FILE - Cargo containers line a ship at the Port of Oakland on Wednesday, Aug. 6, 2025, in Oakland, Calif. (AP Photo/Noah Berger, File) FILE - Cargo containers line a ship at the Port of Oakland on ...