ALT: Wheres The Beef Commercial

India hosts BRICS Summit 2026 amid a $130 billion trade deficit with fellow members, testing its economic priorities and diplomatic balancing.

YouTube video by TLDR News Global

They went to the podium, one after another — a ski-resort operator, a cheesemaker, a man who sells snow-grooming equipment and more. Each had the same plea: end the trade war with Canada. It’s hurting...

AI investment and strong US demand drove a sharp rise in imports, helping push the US trade deficit to $88.6 billion in July.

The U.S. goods and services trade deficit increased in July 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $71.2 billion in June (revised) to $88.6 billion in July, as imports increased and exports decreased. The goods deficit increased $17.6 billion in July to $119.6 billion. The services surplus increased $0.2 billion in July to $31.0 billion.

The article discusses the ineffectiveness of Trump's tariffs in reducing the U.S. trade deficit, which reached its highest level since March 2025 in July. Despite the Commerce Department's data showing a surge in the trade deficit, the piece argues that tariffs are not a viable solution. The editorial board criticizes the elevation of this statistic to a national emergency, emphasizing that the trade deficit's significance is overstated. The piece highlights the broader economic implications, suggesting that protectionist policies may harm global trade relations rather than address underlying issues. It also notes the political context of the tariffs, which were announced in 2025, and questions the wisdom of prioritizing this metric over other economic indicators. The analysis underscores the need for alternative strategies to manage trade imbalances, such as improving domestic competitiveness and negotiating favorable trade agreements. The article serves as a critique of both the policy approach and the media's focus on sensational economic metrics.

Thailand’s exports maintained impressive momentum in July, rising 21.6% year on year, but an even more dramatic surge in imports pushed the country deep into

Foreign trade turnover hits $49.5bn, higher by 8% year on year.

YouTube video by Platypus Economics with Justin Wolfers

Eurostat says the EU recorded a 21.8 billion euro Q2 2026 goods deficit as energy imports lifted the overall import bill.

Afghanistan’s trade data reveals that the Taliban’s claimed "economic boom" is primarily a partial recovery from a total collapse...

Trump’s decision to escalate a tariff brawl with Canada makes no economic or political sense.