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...
by Nico Grant | May 4, 2016 | Trade
The Bureau of Economic Analysis releases its tally of goods and services traded in March on Tuesday morning. Economists surveyed by Bloomberg expect the U.S. trade balance to shrink to $41.3 billion for the month. Here are five things to watch in the report. By Nico...
by Nico Grant | Apr 12, 2016 | Trade
By Nico Grant The improving American economy propelled higher imports and exports in February, in a sign the U.S. outperformed flagging foreign economies. However, the trade deficit increased, which may be a drag on first-quarter gross domestic product. The U.S. trade...
by Nico Grant | Mar 8, 2016 | Trade
By Nico Grant The U.S. trade deficit widened in January, with slumps in exports and imports signaling that weak overseas economies are taking a toll on the U.S. The trade deficit for goods and services grew to $45.7 billion, an increase of $1 billion compared to...
