Despite the U.S. taking in record income from President Donald Trump's tariffs in July — with a 273% increase in customs ...

China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts to shore up domestic demand as Donald Trump’s tariffs reduce exports to the US.

President Donald Trump extended a trade truce with China for another 90 days, at least delaying once again a dangerous ...

China’s government spending has pivoted toward social welfare to a degree unseen for at least a generation, as it runs a record budget deficit with a focus on boosting consumption to cushion the blow ...

Despite record tariff income under President Trump's administration, the US budget deficit grew by 20% for the fiscal year ending in July. Increased federal spending and growing national debt are key ...

The Budget Lab at Yale University estimates that, as of 7 August 2025, the average effective tariff rate imposed by the US on ...

Trump has promised that his tax hikes on the nearly $3 trillion in goods imported to the United States will usher in newfound ...

From ascendant US tariffs on imports to China's realigning loyalties, here are the ways the Trump administration's ambitious ...

The US budget deficit in July climbed 20 per cent this fiscal year compared to the last despite the US taking in record ...

Even as the president talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the ...