Trade deficit – Page 2 – One America News Network

A shopping cart at a supermarket in Manhattan. REUTERS/Andrew Kelly

US consumer spending declines; annual inflation subsides

Consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.

TOPSHOT - US President Donald Trump shakes hands with with Japanese Prime Minister Shigeru Ishiba in the Oval Office of the White House in Washington, DC, on February 7, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Japanese Prime Minister Meets Trump to Discuss Trade, Announces U.S. Investment

Japanese Prime Minister Shigeru Ishiba met with President Donald Trump on Friday, as Trump cordially requested that Japan close its $68 billion trade deficit with the United States.

WASHINGTON, DC - JANUARY 30: U.S. President Donald Trump talks to reporters from the Resolute Desk after signing an executive order to appoint the deputy administrator of the Federal Aviation Administration in the Oval Office at the White House on January 30, 2025 in Washington, DC. Trump also signed a memorandum ordering an immediate assessment of aviation safety and ordering an elevation of what he called “competence” over “D.E.I.” (Photo by Chip Somodevilla/Getty Images)

Canada And Mexico Tariffs Set To Take Effect This Saturday

President Donald Trump announced on Thursday that he plans to follow through in imposing 25% tariffs on goods imported from Mexico and Canada — starting this Saturday, February 1st.

WASHINGTON, DC - OCTOBER 11: (L-R) Canadian Prime Minister Justin Trudeau (L) and U.S. President Donald Trump pose for photographs at the White House October 11, 2017 in Washington, DC. The United States, Canada and Mexico are currently engaged in renegotiating the 25-year-old North American Free Trade Agreement. (Photo by Chip Somodevilla/Getty Images)

Trump ‘Trolls’ Trudeau, Labeling Him The Governor Of The ‘Great State Of Canada’ Following Tariff Threat

45th and 47th President Donald Trump poked fun at the expense of left-wing Canadian Prime Minister Justin Trudeau, referring to him as the “governor” of the “Great State of Canada,” joking that the United States should annex Canada if their economy would struggle with Trump’s proposed America-first tariffs.

HERTFORD, ENGLAND - DECEMBER 04: U.S. President Donald Trump (L) ad Canadian Prime Minister Justin Trudeau (R) attend the NATO summit at the Grove Hotel on December 4, 2019 in Watford, England. France and the UK signed the Treaty of Dunkirk in 1947 in the aftermath of WW2 cementing a mutual alliance in the event of an attack by Germany or the Soviet Union. The Benelux countries joined the Treaty and in April 1949 expanded further to include North America and Canada followed by Portugal, Italy, Norway, Denmark and Iceland. This new military alliance became the North Atlantic Treaty Organisation (NATO). The organisation grew with Greece and Turkey becoming members and a re-armed West Germany was permitted in 1955. This encouraged the creation of the Soviet-led Warsaw Pact delineating the two sides of the Cold War. This year marks the 70th anniversary of NATO. (Photo by Dan Kitwood/Getty Images)

Report: Trump Allegedly Told Trudeau Canada Could Be 51st State If They Can’t Handle Tariffs

President-elect Donald Trump reportedly suggested to Canadian Prime Minister Justin Trudeau last week that if his country can’t handle Trump’s tariff plan they should become the 51st state.

A person shops for vegetables at a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly/File Photo

US consumer spending, inflation rise moderately in August

Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.