Opinion: The record $1 trillion trade deficit doesn’t even count hundreds of millions of small packages mailed directly from China

It looks like the United States just set a record in 2021—and not a good one. When complete December data comes out on Feb. 8, it will mark the first time the nation ever racked up an annual goods trade deficit exceeding $1 trillion. That’s a staggering sum, and it represents a massive, ongoing shift … Read more

Europe Brings a Lawsuit to a Trade Fight

by Editorial Board Nearby Editorial Board January. 28, 2022 6:44 PM ET European Union Trade Commissioner Valdis Dombrovskis speaks during a press conference in Brussels, on December 7, 2021. Photo: Olivier Matisse/The Associated Press Sometimes we wonder what Europe’s leaders think they live in. On Thursday, the European Union responded to China’s trade offensive against … Read more

Youngkin Trades ‘Equity’ for ‘Opportunity’

by Editorial Board Nearby Editorial Board January. 23, 2022 5:14 PM ET Virginia Governor Glenn Youngkin speaks to reporters during a brief news conference after visiting the Alleghany/Roanoke community testing site at Valley View Mall in Roanoke, Virginia, Jan. Photo: Scott b. Yeats/Associated Press New Governor Glenn Youngkin got off to a fast start in … Read more