Economists didn’t anticipate a twist in volatile trade flows over the past year.
While trade data show exports from China have fallen dramatically, US customers are still buying from elsewhere.
The U.S. trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in imports, notably pharmaceuticals. The goods and services trade gap shrank 39% from the prior ...
One possible outcome of the Trump-Kim summit could be changes to the looming trade war with China. President Trump has long railed against our... What Is A Trade Deficit? And Why Does It Matter? One ...
Because exports grew more than imports, the U.S. trade deficit shrank, in line with President Donald Trump’s goals.
As was the case in the Trump 1.0 administration, a key policy objective of the Trump 2.0 administration is to reduce the trade deficit and to bring manufacturing jobs back home. However, as was the ...
WASHINGTON (Reuters) -About half of Americans view the large U.S. trade deficit with other countries as an economic emergency, according to a poll released on Tuesday, a day before the Supreme Court ...
In a remarkable turnaround, the U.S. deficit with Mexico has been larger than the deficit with China for three of the last five months and four of the last seven. In fact, the annual U.S. deficit with ...
President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...