As talks to revise the North American Free Trade Agreement start in Washington, it still isn’t clear whether President Donald Trump wants to dismantle the pact—”the worst trade deal maybe ever signed anywhere,” he’s called it—or merely rebrand the same basic product under his own name. With any luck, it will be the latter. The administration’s negotiating goals, published last ...

aThe trade deficit is a lot smaller than it was a decade ago: Over the 12 months ending in June, according to data released last week by the Commerce Department, the US imported about $531 billion more in goods and services than it exported. In 2006, the deficit was $762 billion. Those numbers aren’t adjusted for inflation; if they were, ...

Largely lost in the debate over how much credit President Donald Trump should or should not get for the performance of US stocks this year is that perhaps the biggest reason for the rally is strong earnings. With more than 90 percent of the S&P 500 members having reported second-quarter results, earnings growth is tracking at a 12.2 percent pace ...