deficit

CBO Raises US Budget Deficit Forecast for 2026 to $2.1 Trillion

The US Congressional Budget Office has revised its 2026 budget deficit forecast upward by $200 billion to $2.1 trillion, citing lower-than-expected tariff revenues.

Germany's Trade Deficit with China Widens to €55 Billion

In the first half of 2026, Germany's trade deficit with China increased from €40 billion to €55 billion, with exports down 12% and imports up 8.9%.

US Trade Deficit Narrows to $73.3 Billion in June

The US trade deficit fell 5.6% to $73.3 billion in June, slightly above analyst forecasts.