"A balance of payments deficit is not the same thing as a trade deficit." ...

(Resends to fix formatting error) By Andrea Shalal and David Lawder Feb 24 - President Donald Trump's promised temporary 15% tariffs to replace those struck down by the U.S. Supreme Court are meant to ...

Discover the role of the financial account in the balance of payments, covering claims on nonresidents and assets like ...

Andy McCarthy is right on the money, literally, in his post today. He argues that the new 10 percent global tariff Trump is imposing under Section 122 of the 1974 Trade Act is flatly illegal. The law ...

With his move to impose new global tariffs, US President Donald Trump isn’t just trying to repair a trade policy dismantled by a Supreme Court rebuke. He’s also declaring the world’s largest economy ...

Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.

PROTECTING THE U.S. ECONOMY AND NATIONAL INTERESTS: Today, President Donald J. Trump signed a Proclamation imposing a temporary import duty to address fundamental international payments problems and ...

Korea’s record current account surplus was offset by large equity outflows. This marks a new era for U.S. balance of payments ...

Indonesia posted a $7.8 billion balance of payments deficit in 2025, reversing a surplus a year earlier amid global risk ...

The administration misinterprets a Nixon-era law in its bid to reimpose tariffs struck down by the Supreme Court.

The 1940s saw a series of movies with Bing Crosby and Bob Hope, starting with the Road to Singapore in 1940. The plot was always similar. Bing and Bob, two fast-talking con men or song-and-dance ...