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The Latest Breaking News from Deficit

US Trade Deficit Hit Fresh Record Before New Trump Tariffs

The US trade deficit reached a new record in March, according to fresh government data published Tuesday, as imports surged ahead of President Donald Trump's "liberation day" tariff rollout.

International Business Times

Is Trump destroying the dollar - and what does it mean for the euro?

Controversial policies from the Trump administration are pushing investors to flee US assets. But another currency will struggle to take the dollar’s throne.

Euronews

Raiders stun Storm after golden-point drama

Canberra have come back from a 14-point deficit to shock Melbourne 20-18 after a series of controversial decisions rocked the final match of Magic Round.

AAP

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France’s PM Bayrou mulls referendum on sweeping deficit-reduction plan

French Prime Minister François Bayrou has raised the possibility of holding a national referendum on a comprehensive plan to reduce France’s debt and bring the public deficit below 3 percent of GDP, a threshold set by European fiscal rules.

Radio France Internationale

Coalition costings reveal larger deficit over coming two years with cuts to foreign aid and environment programs

Long-awaited costings of more than 200 policies show Coalition would gut long list of environment and clean energy programs if returned to power

The Guardian - AU

The Coalition’s costings show some savings, but a larger deficit than Labor in the first two years

The Coalition’s policy costings have been released, just two days ahead of the federal election.

The Conversation

Economists slam major parties over timing of costings

The coalition has been criticised for releasing its costings just two days out from polling but Labor did the same during the 2022 election when in opposition.

AAP

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House Transportation advances reconciliation plan; focus on EV fee - Roll Call

A House panel backed a $250 fee on electric vehicles Wednesday, part of its plan to find $10 billion in deficit-reduction over 10 years.

Roll Call

How to watch Inter Miami vs Vancouver Whitecaps: Live streams, TV channels for Concacaf Champions Cup semi-final second leg

Lionel Messi's side face two-goal deficit in 2025 CONCACAF Champions Cup semi-final – here's how to watch Vancouver Whitecaps vs Inter Miami online on April 30.

FourFourTwo

3 Ways Inter Miami Can Overcome Vancouver Whitecaps in Concacaf Champions Cup

Lionel Messi and the former FC Barcelona teammates have fought back from Champions League deficits before

Sports Illustrated

Charles Barkley Eviscerates Heat Following 39-Point Halftime Deficit in Elimination Game

The Heat got embarrassed by the Cleveland Cavaliers in the first half on Monday night.

Sports Illustrated

Ending the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses

Dealmaking has ground to a halt for the U.S. financial services industry, which generated a $130 billion trade surplus last year.

Fortune

Europe leads global defence spending rise, awakening to security deficit

But experts tell Al Jazeera that money means little without a focus on the right systems and global partnerships.

Al Jazeera

Chelsea face herculean task to topple Champions League giants Barcelona

History books are firmly against the Blues as they try to overturn a three-goal deficit against a side that rarely falter

The Guardian - UK

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Fortune

What ‘Mar-a-Lago Accord’ proponents—who have Trump’s ear—get wrong about the U.S. dollar

The notion that the accord will lower the dollar’s value, eliminate the trade deficit, and return global production to America is flawed.

Evening Standard

University of Dundee staff back strike action over threat to jobs

The institution is grappling with a £35 million deficit.

The Independent UK

No surprise – Luca Brecel certain he would overturn 5-1 deficit to beat Ryan Day

The 2023 world champion appeared to be in danger of joining last year’s winner Kyren Wilson in crashing out in the first round before his fightback.

Sports Illustrated

How Many Teams Have Come Back From 3–1 Deficits in the NHL Playoffs?

It's happened relatively frequently—but not so often that it's lost its magic.

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Evening Standard

‘Around 350’ staff at Edinburgh University take voluntary redundancy

The institution is dealing with a £140 million budget deficit.

The Conversation

Trump’s obsession with trade deficits has no basis in economics. And it’s a bad reason for tariffs

Those of us who study trade and investment for a living are, I suspect, becoming exasperated with both the White House stance on tariffs and the way that this is reported in much of the media. US president Donald Trump believes that if a country has a trade surplus with…

Evening Standard

Ronnie O'Sullivan holds narrow lead over rival Ali Carter in World Snooker Championship opener

Ali Carter made an impressive recovery to close the gap on Tuesday afternoon

The Independent UK

Ronnie O’Sullivan leads rival Ali Carter on snooker return at the Crucible

The pair’s much-hyped first-round clash failed to produce fireworks on or off the table.

Sports Illustrated

All-Time Record for Teams Who Fall Behind 2–0 in NBA Playoff Series

Every second matters in the NBA playoffs. There isn't a single play that isn't of the utmost importance. That's because losing a game is a tall order to overcome. And losing two of them is practically impossible to battle back from.

Sports Illustrated

Every NHL Team That Has Ever Come Back From 3-0 Series Deficit in Stanley Cup Playoffs History

Only four times in Stanley Cup Playoffs history has a team erased a 3–0 deficit and come back to win the series.

Caixin Global

U.S. and China Locked in a ‘Mutual Embargo’ That Trump Won’t Win, Says Former WTO Chief

Trump’s bid to solve the U.S. trade deficit won’t work, says Pascal Lamy

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