Indonesia plans to reduce or eliminate its trade surplus with the U.S., finance minister Sri Mulyani Indrawati said.

That the US has a trade deficit is not a sign that the rest of the world is “ripping it off”. It is a reflection of an affluent society with relatively high wages buying products from countries that ...

The US runs a huge surplus in services, which helps explain why they weren't subject to President Donald Trump's tariffs.

The Trump admin and critics alike seem unaware of a key mechanism that governs the magnitude of a trade balance.

Exports to the US are a contentious issue for President Trump and Japanese negotiators are in Washington to argue their case ...