What Is a Balance-of-Payments Deficit?
President Trump’s new tariffs were imposed under Section 122 of the Trade Act of 1974, which allows temporary import restrictions when the United States faces “fundamental international payments problems.”

President Trump’s new tariffs were imposed under Section 122 of the Trade Act of 1974, which allows temporary import restrictions when the United States faces “fundamental international payments problems.”

President Trump moved hours after the Supreme Court struck down his emergency tariffs to invoke a separate trade authority, imposing an import surcharge on most goods that takes effect February 24.

Jamil Jivani, a conservative member of Canada’s Parliament who represents Bowmanville-Oshawa, told Sirius XM’s Breitbart News Saturday that Canadian officials are harming the country with their “anti-American hissy fit” on trade.

WASHINGTON — Cyprus’s Foreign Minister Constantinos Kombos told Breitbart News exclusively that President Donald Trump is in a “unique position” to restructure the “global order” and shape world affairs in a way that an American president has not in generations.

Chinese state media reported on Wednesday morning dictator Xi Jinping held a phone call with President Donald Trump, their first direct conversation since November.

The United States and India reached a trade agreement that will immediately lower American tariffs on Indian goods to 18 percent while opening India’s market to U.S. energy and other products, President Donald Trump announced Monday.

President Donald Trump worked at warp speed to “Make America Great Again” in his first year back in office, and the results, on countless fronts, have been bountiful.

President Donald Trump has beaten the conventional wisdom on foreign policy over and over again as he pushes toward his latest goal: acquiring Greenland for the United States.

Canadian Prime Minister Mark Carney departed for a visit to China on Tuesday, fulfilling a promise he made to dictator Xi Jinping when they met in South Korea in October.

South Korean President Lee Jae-myung met with Chinese dictator Xi Jinping on Monday, during Lee’s first visit to Beijing as president. Lee said he wanted 2026 to become “the first year of the full-scale restoration of Korea-China relations.”

On Friday’s broadcast of “Bloomberg Surveillance,” U.S. Trade Representative Ambassador Jamieson Greer stated that there isn’t a specific direction to ensure tariffs going forward don’t impact affordability and “Whenever we’re imposing tariffs or doing deals, the purpose of the trade program

Police, who held a line at the very gate of the European Parliament in Brussels, Belgium were pelted with potatoes by angry farmers.

Greek Foreign Minister Giorgos Gerapetritis commended President Donald Trump for leading the world into a “more peaceful and prosperous future,” making the remarks during an interview with Breitbart News Washington Bureau Chief Matthew Boyle at the Doha Forum.

Russian President Vladimir Putin arrived in New Delhi on Thursday for meetings with top officials, including Prime Minister Narendra Modi.

President Donald Trump spoke with Chinese dictator Xi Jinping and said he accepted an invitation to Beijing for a face-to-face meeting.

The United States on Monday urged the European Union to rethink its approach to digital regulation if it wants a deal to lower painful US tariffs on the bloc’s steel exports.

China has once again surpassed the United States as Germany’s top trading partner, amid a sharp rise in imports from the communist country.

Taliban Trade Minister Alhaj Nooruddin Azizi traveled to New Delhi on Wednesday in search of trade deals and investments, taking the relationship between the Islamic Emirate of Afghanistan and India another step forward.

“For too long we had trade negotiators that so believed in the fake idea of free trade over fair trade that they were willing to sell American workers down the river without actually negotiating in the interest of American workers,” Vance said.

President Donald Trump said Monday that his hoarse voice is a result of yelling at people “because they were stupid” on a trade issue.

On Friday’s broadcast of NewsNation’s “The Hill,” Rep. Beth Van Duyne (R-TX) stated that inflation has increased since the “Liberation Day” tariffs partially due to uncertainty about trade agreements as people waited to see what happened. Host Blake Burman said

Many Canadians are still avoiding travel to the United States after President Donald Trump imposed tariffs to protect his own nation.

President Donald Trump and Hungarian Prime Minister Viktor Orbán will discuss trade, the Russia-Ukraine war, and energy prices during their bilateral meeting on Friday.

India’s government is drafting a bill to expand and accelerate the already huge migration of Indians into jobs throughout the developed world, including white-collar careers in the Fortune 500.

President Donald Trump predicted that he and Chinese President Xi Jinping will have a “good meeting” later this week, focused on farmers and trade deals of the past, and predicted both China and the U.S. will have to make concessions to strike a new deal.

Canadian Foreign Minister Anita Anand on Monday hailed Communist China as a valuable strategic partner, a dramatic turnaround from years of tense relations between Ottawa and Beijing necessitated by Canada’s deteriorating relationship with the United States.

Rep. Andy Biggs is introducing a House resolution denouncing a U.N. plan that would establish a global tax on maritime shipping emissions, warning that it would undermine American sovereignty.

President calls China’s new export controls “hostile,” says U.S. will retaliate with trade measures.

President Donald Trump and Canadian Prime Minister Mark Carney will discuss Gaza and trade during their private meeting on Tuesday.

President Donald Trump meets with Canadian Prime Minister Mark Carney at the White House on Tuesday, October 7.

Canadian Prime Minister Mark Carney met with Chinese Premier Li Qiang on the sidelines of the U.N. General Assembly (UNGA) in New York City on Tuesday.

Indian diplomats want the draft U.S.-India trade deal to welcome more Indian job-seekers into the United States, say U.S. and Indian media reports.

After a phone call with Chinese President Xi Jinping, President Donald Trump said he will visit China early next year and Xi will visit the U.S. at “an appropriate time.”

President Donald Trump hosted Polish President Karol Nawrocki at the White House on Wednesday and told reporters that trade would be a topic of discussion during their meeting.

President Donald Trump remained highly critical of trade with India on Monday, calling it a “one-sided disaster” that has not benefited the United States.

President Donald Trump said Monday that his bilateral meeting with South Korean President Lee Jae-myung would center around trade and shipbuilding.

The Trump administration has proven that tariffs do not cause inflation, Peter Navarro, senior counselor to the president for trade and manufacturing at the White House, said during an appearance on Breitbart News Saturday.

Multiple postal services around Europe announced Saturday that they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties.

Russian Foreign Minister Sergey Lavrov said after meeting with Indian Foreign Minister Subrahmanyam Jaishankar in Moscow on Thursday that the flow of Russian oil to India will continue despite President Donald Trump’s efforts to pry the longtime allies apart.

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher said that he somewhat agrees with President Donald Trump that “we have not used our power as much as we should.” And stated that some other nations had trade practices