by Aria Velasquez | Mar 9, 2021 | Featured, Trade
The U.S. trade gap widened in January, the result of increased consumer spending as the economy recovers from the COVID-19 economic crisis. The trade deficit was $68.2 billion in January, up 1.9 percent over December’s seasonally adjusted numbers, the Commerce...
by Baidi Wang | Apr 28, 2020 | Trade
Tomorrow the U.S. Census Bureau will release the Advance International Trade Indicator report for March with significant impact from the coronavirus. Here are five things to watch for: The trade deficit will narrow remarkably because of the coronavirus. The U.S....
by Baidi Wang | Apr 8, 2020 | Featured, Trade
February and March have been very unusual for Jia Yu, owner the Yu Jia Express shipping company in Flushing, Queens. Because of the coronavirus outbreak in China, many Chinese in the United States have shipped medical supplies, including surgical masks, N95 masks and...
by Baidi Wang | Mar 30, 2020 | Trade
The U.S. trade deficit continued to narrow in February with a steep fall in imports but a slight increase in exports, which is just a start showing the impact of the coronavirus pandemic. U.S. exports of goods increased by $0.7 billion over January, the U.S. Census...
by Dane Stallone | Mar 15, 2018 | Trade
The U.S. trade deficit grew in January to its highest level in nearly a decade, despite President Trump’s aim to shrink it. The deficit rose from $53.9 billion to $56.6 billion with a 5 percent increase from December. The deficit continued to rise to its largest...
by Nico Grant | May 22, 2016 | Trade
By Nico Grant The auction looked like a scene from the 1950s, maybe even the 1850s: a handful of men inside a rusty warehouse, walking through waist-high bales of tobacco and scratching bids on slips of paper. But in at least one important way, this auction, held in...