It’s the smallest trade deficit since June 2009.

The Supreme Court on Friday ruled President Trump exceeded his powers and delared illegal the IEEPA tariffs that were the cornerstone of his deficit fight.

US trade deficit continued to widen in December after hitting the smallest monthly amount since the 2009 low in October.

Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest on record.

WASHINGTON, Feb 11 (Reuters) - The U.S. government posted a $95 billion budget deficit in January, down $34 billion or 26% from a year earlier as revenue gains including customs duties outpaced growth in outlays,

Following a University of North Texas Board of Regents meeting on Thursday, President Harrison Keller briefly outlined potential changes that will be considered to stabilize a budget that has reached a projected $45 million deficit this fiscal year.

America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office projects.

Just hours after the Supreme Court struck down President Donald Trump’s global tariffs on Friday, he signed an order to impose another package of levies under a different law that wasn’t affected by the court’s decision.