The U.S. has the highest trade deficit in the world. Who has the highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean.

The last month, the U.S. enjoyed a trade surplus with China, “Rock Me Amadeus” topped the Billboard Hot 100, Geraldo Rivera ...

The US has some of the lowest tariffs in the world. Trump wants to reverse that with reciprocal tariffs on April 2.

But China has long drawn Trump's ire with a trade surplus with the United States that reached $295.4 billion last year, ...

The formula used by the Trump administration to calculate 'Liberation Day' reciprocal tariffs is based on trade deficits.

Trump's global tariffs spark fears of an economic Armageddon, crippling the tech industry, disrupting supply chains, and inflating consumer costs.