White House: Trade talks to restart after Canada scraps digital service tax

White House National Economic Council Director Kevin Hassett said Monday that U.S.-Canada trade talks will resume immediately, following Ottawa’s move to cancel its digital services tax ... Read More

US, Canada to resume trade talks after Ottawa drops digital tax

The United States will resume trade negotiations with Canada immediately after Ottawa scrapped its digital services tax targeting U.S. technology firms, White House economic adviser Kevin Hassett said ... Read More

Ending the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses - Yahoo Finance

Dealmaking has ground to a halt for the U.S. financial services industry, which generated a $130 billion trade surplus last year. Read More

U.S. has a surplus in services, but trade war could hurt this growing sector - The Washington Post

But U.S. dominance in services trade is irrelevant to the nation’s manufacturing woes, said a White House official who spoke on the condition of anonymity to reflect internal deliberations. Read More

This key American business sector has a massive trade surplus with the rest of the world. Its jobs are at risk in a trade war - CNN

While the White House is waging a trade war on behalf of US manufacturing, the largest and most important part of the US economy, one that has a trade surplus, not a gap, is under threat. Read More

Will Trump's tariffs restore manufacturing? The answer may not be simple — or quick - NBC News

Data about Trump's tariffs suggests the U.S. economy is not ready for a ... The White House is using tariffs to ... The United States’ $25.2 billion services surplus is often hidden by its $ ... Read More

Trump’s attacks on higher education are driving up the trade deficit

A deeper dive in the services trade surplus shows that education is a significant component, with education-related travel exports coming in at $50 billion in 2023.With over 1 million ... Read More

U.S. Services Sector, An Exporting Powerhouse, At Risk In Trade War

Despite all the attention on US manufacturing and White House plans to engineer a revival in the sector, the American economy is much more dependent on the services sector for growth. Read More

The U.S. Trade Deficit: How Much Does It Matter?

President Donald Trump has made reducing U.S. trade deficits, which have expanded significantly in recent decades, a priority of his administration. He and his advisors argue that renegotiating ... Read More

At White House, Netanyahu pledges to end trade deficit with U.S.

In a White House meeting on Monday, Israeli Prime Minister Benjamin Netanyahu told U.S. President Donald Trump that his nation will help the United States eliminate trade deficits. Read More

How to produce a statistic for a White House news release

How to produce a statistic for a White House news ... The U.S. has a trade surplus with Qatar. “In 2024, U.S.-Qatar trade totaled $5.64 billion, with $3.8 billion in U.S. exports and $1.8 ... Read More