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.

To calculate its ‘reciprocal tariffs’, the Trump administration has opted for a crude formula with no basis in trade theory. We are all going to pay the price.

China’s exports jumped 12.4% from a year earlier as companies rushed to beat increases in tariffs imposed by U.S. President ...

In 2024, China hit the highest recorded global surplus of $992.16 billion. Other countries topping the trade surplus list are Germany, Ireland, Singapore, Saudi Arabia, Switzerland, Russia and Brazil.