Trade

Economic data and analysis related to Trade

Trade Policy

“Public” Without the Public: USTR’s May 4 Section 301 Hearings Cite 16 Economies, Name None

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Trade Balance

Real Goods Deficit Jumps 6.7%: March’s Headline Hides a $4.1B Goods Widening

The official trade report dated 2026-05-05 trumpets a “modest” deterioration in the overall deficit to **$60.3 billion (+4.4%)**, but the real story is worse: in 2017 dollars, the **real goods defi...

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Trade Policy

Enforcement Without Teeth? USTR’s April 30 Release Trumpets Action While Delaying Decisions

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Trade Policy

Record Exports Meet Universal Tariffs: The 24% Deficit Claim Without a Baseline

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Trade Policy

24% Goods-Deficit Drop vs “$314B Record” Exports—But No Overall Balance

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Trade Balance

Gold-Plated Exports, Real-World Deficit: February Trade Gap Widens to $57.3B Despite 54.8% YTD “Improvement”

On April 2, 2026, the latest trade report delivered a paradox: the February deficit widened to **$57.3 billion** (from a revised **$54.7 billion** in January), even as the headline narrative leaned...

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Trade Policy

Tariffs Unfrozen, Numbers Missing: March 16 “Resolution” Rests on Two Reinstatements and a Lot of Silence

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Trade Balance

Trade Deficit Shrinks 25.3% in January, But the Three-Month Average Rises: The Real Signal Isn’t the Headline

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data-driven

The 2025-12-22 Tariff Victory Lap: Big Claims—3.8% Growth, 2.7% Core Inflation—Sparse Evidence

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trade_balance

The Trade Deficit Shrinks to $52.8B—But Gold and Prices Did the Heavy Lifting

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data-driven

The 25% Pharma Paradox: U.S.-U.K. Deal Spins Higher Prices as a Consumer Win

In a masterclass of political narrative, the administration’s **December 1, 2025**, press release announced a landmark pharmaceutical agreement with the United Kingdom. The headline promise? To "br...

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data-driven

USTR's November Surprise: A Masterclass in Trade Policy Misdirection

On November 26, 2025, the Office of the U.S. Trade Representative (USTR) released a flurry of what appeared to be routine procedural announcements. But beneath the dry, legalistic language was a co...

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