After the Supreme Court blocks Trump’s IEEPA tariffs, he turns to Section 122 of the Trade Act of 1974 to impose temporary ...

Today, 24 states led by the state of Oregon filed the first lawsuit challenging Donald Trump's massive new Section 122 ...

Feb 24 - President Donald Trump's promised temporary 15% tariffs to replace those struck down by the U.S. Supreme Court are meant to resolve a problem that many economists say does not exist: a U.S.

Money never stops moving across borders. Whether it’s exports, foreign investments, or massive international loans, every country tracks these transactions using the Balance of Payments. But few ...

This story was updated with new information. Last month, President Donald Trump signed an executive order aimed at reforming and overhauling the Federal Emergency Management Agency (FEMA). He had ...

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 ...

Our eLibrary offers over 25,000 IMF publications in multiple formats. The 2024 Annual Report of the IMF Committee on Balance of Payments Statistics (the Committee) provides an overview of recent ...

The IMF’s “message” is that the widening of the U.S. deficit and the Chinese surplus over the course of 2024 was unwelcome—it took both countries away from their estimated current account balances (in ...

The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...

An initial 10% tariff has come into effect Unclear when the rate would rise to 15% Trump lawyers argued at Supreme Court that Section 122 not the right tool to address trade deficits Plaintiffs in ...