Discover how current and capital accounts differ within the balance of payments, helping you understand international trade finance and economic transactions.

April 9, 2025 • At the heart of President Trump's tariffs is this idea that we should not be buying more from other countries than they are buying from us. Basically, he wants to get rid of the trade ...

IMF data for 2025 shows China as the world’s largest surplus economy. Its surplus jumped from $293 billion in 2015 to $641 ...

The travel trade deficit is projected to reach $70 billion in 2025, the US Travel Association said. The United States has historically had a travel trade surplus, but inbound travel has declined. The ...

President Donald Trump campaigned on the promise of increasing tariffs applied to U.S. imports and, for better or worse, has sought to deliver on those promises. His efforts have been partially ...

BRASILIA (Reuters) -Brazil's current account deficit reached $9.77 billion in September, wider than the $7.75 billion shortfall forecast by economists in a Reuters poll, central bank figures released ...

President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...