by Francisco Uranga | Mar 8, 2023 | Trade
NEW YORK— United States imports and exports soared in January, reflecting that both foreign and domestic demand is strong despite rising interest rates. The trade deficit increased 1.6% over December and reached $68.3 billion, according to data released Wednesday by...
by Francisco Uranga | Feb 14, 2023 | Featured, Trade
NEW YORK— The U.S. trade deficit soared in 2022 and reached a historical record of nearly $1 trillion grew because of high oil prices, inflation, and the relative strength of the U.S. economy compared to the rest of the world. Annual net exports of goods and services...