| 单词 | trade deficit |
| 例句 | Foreign Minister Laurent Fabius was handed the task of reducing the trade deficit and developing external business as part of an expanded portfolio to boost those growth opportunities overseas earlier this year. Rise in French speakers since 2010 a boost for France: report 2014-11-05T05:00:00Z France is grappling with feeble growth and 10 percent unemployment, a gaping trade deficit and high state spending that is straining public finances and was a factor in Standard & Poor's removing its triple-A credit rating. Socialist Hollande ousts Sarkozy in France 2012-05-06T18:33:00Z The trade deficit was also wider than the $48 billion expected by economists surveyed by Briefing.com. Stocks start day higher, up more than 100 2011-08-11T13:58:00Z Now it must reckon with an emasculating trade deficit. David Beckham's chest. That's seriously all you've got for us Americans? 2012-05-25T12:49:36Z The dollar drop was connected with the US's growing trade deficit, which was connected to the eastwards-shifting balance of power. After Hollywood: the rise of the international box office 2011-08-11T08:17:26Z The inclusion of illegal drugs in official data will also widen Britain's trade deficit, as the ONS assumes almost all drugs are imported. Sex and drugs worth $16.7 billion to UK economy, statisticians say 2014-05-29T04:00:00Z Cutbacks by government, especially at state and local levels, slower business investments and a bigger trade deficit dragged down the economy at year's end. U.S. GDP growth quickens in Q4, but speed-bumps ahead 2012-01-27T13:42:00Z Although Japan’s trade deficit has narrowed in the past year, rising prices for some commodities mean the decline will slow in the months ahead, he said. Japan’s exports grow better than expected as auto shipments climb 2023-11-15T05:00:00Z Growth last quarter was also seen lifted by a smaller trade deficit, thanks to strong exports and increased inventory investment. US third-quarter economic growth seen fastest in nearly 2 years 2023-10-26T04:00:00Z Among the 11 South American countries that have diplomatic ties with Beijing, Colombia has the largest trade deficit with China despite increased Chinese imports. China upgrades diplomatic ties with close US ally Colombia 2023-10-25T04:00:00Z The EU's record $426 billion trade deficit last year with the world's second-largest economy has become a major sticking point in the relationship. Borrell says EU takes China seriously, expects same in return 2023-10-14T04:00:00Z The EU trade deficit with China topped $17 billion in September, bringing the total for the first nine months of the year to $170 billion, according to Chinese trade figures released Friday. EU warns China that European public could turn more protectionist if trade deficit isn’t reduced 2023-10-13T04:00:00Z Growth prospects for this quarter were boosted by other data from the Commerce Department on Friday showing the goods trade deficit narrowed 7.3% to $84.3 billion in August, with exports rising and imports declining. US inflation outlook brightens as underlying price pressures subside 2023-09-29T04:00:00Z EU leaders have expressed concern about the bloc’s growing trade deficit with China, which reached 396 billion euros last year. EU commissioner, in China, calls for more balanced trade and warns that Ukraine could divide them 2023-09-24T04:00:00Z Last year, Colombia had a trade deficit of more than $8 billion. China upgrades diplomatic ties with close US ally Colombia 2023-10-25T04:00:00Z A "thousand" barriers to market access have propelled the trade deficit to its "highest in the history of mankind", EU Ambassador to China Jorge Toledo lamented at a forum in Beijing on Thursday. EU does not want to decouple from China but must protect itself, says EU trade chief 2023-09-23T04:00:00Z The $33 billion of repatriated money more than offsets the country's $26 billion trade deficit in the first half of this year. As Samsung and Hyundai repatriate more earnings, weak won gets some reprieve 2023-09-21T04:00:00Z But imports from the EU slumped 7.9% to $285 billion due to weaker Chinese demand and sharply widened the EU's trade deficit with China for the second year. China denounces Europe probe of EVs as 'naked protectionist' act 2023-09-14T04:00:00Z He instead pushed the country's trade deficit as a measure of his administration's success, pointing to the deficit with China he said was "down year-over-year for five straight quarters" ahead of the pandemic. Trump lashes out after the conservative Wall Street Journal editorial board criticizes his campaign 2023-08-31T04:00:00Z Argentina, Venezuela, Bolivia and Suriname also posted trade deficits with China in 2022. China upgrades diplomatic ties with close US ally Colombia 2023-10-25T04:00:00Z The EU blames its 400 billion euro trade deficit partly on Chinese restrictions on European companies. EU does not want to decouple from China but must protect itself, says EU trade chief 2023-09-23T04:00:00Z Piyush Goyal, India’s minister of commerce and industry, said that joining the bloc would have increased trade between the two Asian giants, but it would have also increased the trade deficit. Modi says India as G20 host will be inclusive and invites African Union to become permanent members 2023-08-27T04:00:00Z European Union trade commissioner Valdis Dombrovskis is due to visit Beijing next month, where he is expected to push for greater market access for EU firms and address the EU's widening trade deficit with China. China urgently needs to address economic uncertainty - EU business group chief 2023-08-22T04:00:00Z July’s trade deficit was still far smaller last month than what Japan racked up in the same month the previous year, or about half. Japan sank into a trade deficit last month as exports dropped, especially to other Asian nations 2023-08-16T04:00:00Z India's merchandise trade deficit in July stood at $20.67 billion, according to a Reuters calculation based on export and import data released by the government on Monday. Ukraine's Zelenskiy visits troops near eastern frontline - president's website 2023-08-14T04:00:00Z That approach produced soaring trade deficits in the West, as households spent heavily on manufactured goods imported from China, like consumer electronics or exercise equipment. China Is Trying to Make Its Gloomy Consumers Spend More 2023-07-31T04:00:00Z India’s trade deficit with China is the highest of any country, and stood at $101.28 billion in 2022, according to official data. Modi says India as G20 host will be inclusive and invites African Union to become permanent members 2023-08-27T04:00:00Z The UK has a current-account deficit, which widened in the first quarter of 2023, as government income dropped and the trade deficit deepened. Traders bulk up on biggest bull position in sterling since Brexit 2023-07-17T04:00:00Z Data in the past month showed some signs of a slowdown - inflation cooling to 3.4%, a tepid May jobs report and a surprise trade deficit in May. Bank of Canada seen hiking rates quarter point to tame stubborn inflation 2023-07-10T04:00:00Z A breakdown of the data showed the trade deficit widened to 1.2 trillion yen from 113 billion yen in April, a ministry official said. Japan logs current account surplus for fourth month, but trade gap widens 2023-07-10T04:00:00Z As a result, the country posted a trade surplus of $1.13 billion in June, after 15 straight months of the export-reliant economy suffering trade deficits. South Korea June exports fall for ninth month, trade balance swings to surplus 2023-07-01T04:00:00Z The IMF official said despite the authorities’ efforts to reduce imports and the trade deficit, reserves have declined to very low levels and liquidity conditions in the power sector also remain acute. The IMF agrees to a long-awaited bailout for Pakistan of $3 billion 2023-06-29T04:00:00Z "Despite the authorities' efforts to reduce imports and the trade deficit, reserves have declined to very low levels. Liquidity conditions in the power sector also remain acute." Quotes: Pakistan, IMF reach $3 bln staff-level agreement 2023-06-30T04:00:00Z He seethed over the U.S. trade deficit and the shuttered factories in America’s heartland. North American trade pact on 3rd anniversary: Optimism is rising for US and Mexican workers 2023-06-29T04:00:00Z The U.S. trade deficit in goods narrowed in May as imports fell, but the improvement was probably insufficient to prevent trade from being a drag on economic growth in the second quarter. Fed's Powell does not rule out rate rise at coming meetings 2023-06-28T04:00:00Z The goods trade deficit decreased 6.1% to $91.1 billion last month, partially reversing April's surge, the Commerce Department said on Wednesday. US goods trade deficit narrows in May 2023-06-28T04:00:00Z India's current account balance likely turned positive in January-March, marking the first quarterly surplus in nearly two years thanks to a narrower trade deficit and an increase in services exports, a Reuters poll found. Dollar holds firm ahead of U.S. durable goods, housing data 2023-06-27T04:00:00Z India's current account balance likely turned positive in January-March, marking the first quarterly surplus in nearly two years thanks to a narrower trade deficit and an increase in services exports, a Reuters poll found. Thomson Reuters to acquire legal tech provider Casetext for $650 mln 2023-06-27T04:00:00Z Xing said South Korea's trade deficits have worsened because of its efforts to "decouple" from China, but it can "enjoy the bonus" from Chinese economic growth if its confidence in bilateral ties are restored. China envoy in South Korea warns of 'wrong bets' over Sino-U.S. rivalry 2023-06-09T04:00:00Z Political figures like Walter Mondale, the 1984 Democratic Party nominee for president, called the trade deficit a threat to the United States and spoke in dire terms about an emerging global trade war. World History: from 1400 2022-12-14T00:00:00Z As a result, the country posted a trade deficit of $2.62 billion in April, the 14th month in a row that the export-reliant economy suffered monthly trade deficit. South Korea exports contract for seventh month, longest streak in 3 years 2023-05-01T04:00:00Z Devaluing the currency could help reduce the trade deficit and boost exports, including of grains, a sector which already has a preferential exchange. Argentina vows to battle black market peso slide towards 500 per dollar 2023-04-25T04:00:00Z Japan reported that its trade deficit narrowed in March as exports rose more than expected, helped by a nearly 40% increase in the value of vehicle exports. Stock market today: Asian shares trading mostly lower 2023-04-20T04:00:00Z Analysts say Japan's trade deficit will persist for the time being as exports weaken. Japan March export growth slows, annual trade deficit widens to record 2023-04-20T04:00:00Z China's central bank announces its latest decision on one- and five-year loan prime rates, and figures from Japan are expected to show the trade deficit widened in March. Morning Bid: Low volatility propping up risk appetite 2023-04-19T04:00:00Z However, the EU’s trade deficit has more than tripled over the past decade, and it wants to level the business playing field. EU leaders beat a path to Xi’s door seeking China’s help 2023-04-16T04:00:00Z On the other hand, imports probably continued to outpace exports, driven by a weak yen, resulting in a larger trade deficit than February. Japan inflation seen persisting, export slowdown to push up trade deficit: Reuters poll 2023-04-14T04:00:00Z U.S. exports to China also reached a record high in 2021, but so did our trade deficit with China. Normal no more: It’s time to review China’s trade status 2023-04-12T04:00:00Z A smaller trade deficit has helped to boost economic growth for three straight quarters. US current account deficit narrows in fourth quarter 2023-03-23T04:00:00Z She said this was needed to "create the conditions for enterprises from both sides to expand trade cooperation and reduce the trade deficit through dialogue". China says it has never deliberately pursued trade surplus with U.S. 2023-03-23T04:00:00Z Analysts had forecast a trade deficit of C$60 million in January. Canada's trade surplus widens to C$1.92 bln in January on food, autos 2023-03-08T05:00:00Z The country's trade deficit in January was also the largest since relevant data became available in 1996, the data showed. Japan runs record current account deficit in January 2023-03-08T05:00:00Z The manufacturing trade deficit, an item of special concern for Trump, rose on his watch, too. Opinion | The politics of trade favor Trump in 2024 2023-03-05T05:00:00Z Under the Trump-era tariffs remaining in place, the U.S. trade deficit with China continued to surge. GOP senators lead charge on revoking China’s trade status, but policy crackdown could hurt consumers 2023-03-05T05:00:00Z They noted that the economy had shrunk in early 2022 because of factors unrelated to its underlying health: Leaner business inventories and a surge in imports, which widened the U.S. trade deficit. US economy sending mixed signals: Here’s what it all means 2023-02-28T05:00:00Z As a result, the country posted a monthly trade deficit of $5.30 billion. South Korea exports fall in February for fifth month but at softer pace 2023-03-01T05:00:00Z This left the goods trade deficit slightly above the fourth-quarter average. U.S. goods trade deficit widens in January; wholesale inventories decline 2023-02-28T05:00:00Z The tariffs were supposed to boost employment at home by shrinking the trade deficit. Opinion | The politics of trade favor Trump in 2024 2023-03-05T05:00:00Z Overall, Germany had a trade deficit with China of around 84 billion euros in 2022, a situation that German Finance Minister Christian Lindner called a "dangerous development". German exports to China decline in January despite lifting of lockdown 2023-02-21T05:00:00Z Export orders logged the biggest decrease since July 2020 on relentlessly weak global demand as seen in recent indicators such as the slower-than-expected gross domestic product growth in October-December and January's record trade deficit. Japan's factory activity shrinks at fastest pace in 2-1/2 years-PMI 2023-02-21T05:00:00Z As a share of the economy, the U.S. trade deficit in manufactured goods last year reached an all-time high of 4.7 percent. Biden’s ‘Buy America’ bid runs into manufacturing woes it aims to fix 2023-02-18T05:00:00Z Growth in Japan's merchandise exports slowed sharply in January amid weakening Chinese demand for cars and chipmaking machinery, stoking concern about a global slowdown and creating the country's largest trade deficit on record. China's Jan air passenger numbers jump 34.8% after COVID curbs ease 2023-02-16T05:00:00Z In Trump’s last year in office, the trade deficit was higher than it was in Barack Obama’s last year, both in absolute terms and as a proportion of the economy. Opinion | The politics of trade favor Trump in 2024 2023-03-05T05:00:00Z A weak yen and rises in energy prices took their toll, resulting in record trade deficits, although this shortfall was offset by a record amount of primary income gains. Japan current account surplus shrinks sharply as trade deficits bite 2023-02-08T05:00:00Z "The economy isn't floundering, but it is unlikely to pick up much speed looking at today's trade deficit data." U.S. trade deficit widens; goods exports at 10-month low 2023-02-07T05:00:00Z The U.S. trade deficit with China also grew to $382.9 billion, though it did not surpass previous records. America’s Trade Deficit Surged in 2022, Nearing $1 Trillion 2023-02-07T05:00:00Z Australia’s largest bilateral trade surplus is with China, while its largest trade deficit is with the U.S. The U.S. military has big plans for an Australian port. So does the Chinese firm that controls it 2023-02-02T05:00:00Z South Korea posted a record monthly trade deficit for January due mainly to a far worse-than-expected drop in exports. Stocks firm, dollar on edge ahead of Fed decision 2023-02-01T05:00:00Z As a result, the country posted a monthly trade deficit of $12.69 billion, setting a record amount for any month. South Korea Jan exports plunge, govt promises policy support 2023-02-01T05:00:00Z The trade deficit compared with economists' median estimates for 1.65 trillion yen. Japan logs trade deficit again in Dec as imports outpace exports -MOF 2023-01-18T05:00:00Z Economists and politicians have varying views about how much the trade deficit matters for the health of the U.S. economy. America’s Trade Deficit Surged in 2022, Nearing $1 Trillion 2023-02-07T05:00:00Z "We must immediately focus on containing inflation, maintain reserves, raise capital expenses, narrow the trade deficit and lower interest rates." Nepal's new govt seeks to balance its ties with India, China in growth pursuit 2022-12-26T05:00:00Z A smaller trade deficit was one of the main factors behind the rebound in U.S. economic growth in the third quarter. U.S. trade deficit widens in October on weak exports 2022-12-06T05:00:00Z Economists also said Asia's fourth-largest economy would benefit from China's normalisation of economic activity within the coming few months, while falling global energy prices would also help ease the trade deficit. South Korea Jan exports plunge, govt promises policy support 2023-02-01T05:00:00Z Turkey has a substantial trade deficit and significant foreign debt, and the government has tapped its foreign currency reserves to try to slow the collapse of the currency. Skyrocketing Prices in Turkey Hurt Families and Tarnish Erdogan 2022-12-05T05:00:00Z Some economists point out that the trade deficit tends to grow when the U.S. economy does, and Americans are more able to buy the goods and services they want from abroad. America’s Trade Deficit Surged in 2022, Nearing $1 Trillion 2023-02-07T05:00:00Z Turkey has a substantial trade deficit and significant foreign debt, and its foreign currency reserves have declined as the government has tapped them to try to slow the collapse of the currency. Skyrocketing Prices in Turkey Hurt Families and Tarnish Erdogan 2022-12-05T05:00:00Z The U.S. trade deficit widened sharply in October as slowing global demand and a strong dollar weighed on exports. U.S. trade deficit widens in October on weak exports 2022-12-06T05:00:00Z The EU has an annual trade deficit in goods and services with China amounting to about 230 billion euros. China’s Xi discusses trade, Russia, Taiwan with EU’s Michel 2022-11-30T05:00:00Z A smaller trade deficit was one of the main drivers of economic growth in the third quarter. U.S. goods trade deficit widens sharply in October 2022-11-30T05:00:00Z But many also worry that sustained trade deficits can result in lower employment and economic growth in the United States. America’s Trade Deficit Surged in 2022, Nearing $1 Trillion 2023-02-07T05:00:00Z India is keen to boost trade in this way, said the source, as it tries to narrow a ballooning trade deficit with Russia. Exclusive: India asked by sanctions-hit Russia for parts for key sectors 2022-11-29T05:00:00Z Currently, the EU has an annual trade deficit in goods and services amounting to about 230 billion euros. EU Council chief Michel to travel to China for talks Dec. 1 2022-11-24T05:00:00Z The yen’s weakness has created record trade deficits for Japan. Japan’s Economy Shrinks, Weighed Down by a Weak Yen and Rising Inflation 2022-11-14T05:00:00Z South Korea's exports in October fell the most in 26 months while a trade deficit persisted for a seventh month, underscoring that Asia's fourth-largest economy is slowing and its currency is hovering near 13-year lows. ECB must keep raising rates even if recession risks rise, Lagarde says 2022-11-01T04:00:00Z The biggest boost, though, came from a narrowing trade deficit, with American retailers importing fewer items and exporting more goods as well as services, such as travel. U.S. economy grows in third quarter, reversing a six-month slump 2022-10-27T04:00:00Z The overall economy rebounded after two straight quarterly declines, largely driven by a smaller trade deficit. U.S. core capital goods orders unexpectedly fall in September 2022-10-27T04:00:00Z Tensions between China and the West intensified as trade deficits soared and China’s military began flexing its new muscles in places like the South China Sea. China’s Chest-Thumping Nationalism Now Goes Too Far, Movement’s Godfather Says 2022-10-27T04:00:00Z The trade deficit appears to have narrowed sharply in part as slowing demand curbed the import bill. Trade seen boosting U.S. economy in Q3; growth details likely soft 2022-10-27T04:00:00Z U.S. economic growth likely rebounded in the third quarter, driven by a shrinking trade deficit, but that would grossly exaggerate the economy's health as the Federal Reserve's aggressive interest rate increases dampen demand. Hong Kong home prices drop 2.1% in Sept, down 8% this year 2022-10-27T04:00:00Z Japan’s trade deficit was a record high for the first half of the year, though it fell slightly from the month before and was smaller than analysts had forecast. Asian shares fall after weak earnings pull Wall St lower 2022-10-19T04:00:00Z For now, inventories are seen combining with a shrinking trade deficit to boost GDP in the third quarter. U.S. business inventories increase slightly below expectations in August 2022-10-14T04:00:00Z The euro zone posted in August its largest trade deficit since it expanded to 19 countries in 2015, as high energy prices boosted its import bill, official estimates released on Friday showed. UK bond market chaos sends investors fleeing into into money-market funds-Fitch 2022-10-14T04:00:00Z U.S. economic growth likely rebounded in the third quarter, driven by a shrinking trade deficit, but that would grossly exaggerate the economy's health as the Federal Reserve's aggressive interest rate increases dampen demand. Trade seen boosting U.S. economy in Q3; growth details likely soft 2022-10-27T04:00:00Z “I think the current account surplus will narrow as trade deficits persist, eroding Japan’s purchasing power and making it poorer.” Japan logs record-low August current account surplus as import prices surge 2022-10-11T04:00:00Z The U.S. services industry posted another month of expansion in September, data showed overnight, while labour market figures were solid and the trade deficit narrowed. Dollar clings to gains as bets on further Fed hikes firm 2022-10-06T04:00:00Z Growth this quarter is seen driven largely by a narrowing trade deficit. U.S. consumer spending rebounds, but high inflation cooling demand 2022-09-30T04:00:00Z With consumers managing to keep spending and the trade deficit narrowing, economists expect the economy grew — albeit slowly — in the July-September quarter. EXPLAINER: How do we know when a recession has begun? 2022-09-29T04:00:00Z But the economic impact is likely to be limited, given that the United Kingdom runs a trade deficit with the rest of the world by importing more than it exports. The British pound has taken a tumble. What’s the impact? 2022-09-26T04:00:00Z Japan offsets trade deficits with returns from a growing number of overseas investments - its primary income balance clocked a record 3.327 trillion yen in August, helped by a weak yen. Japan logs record-low August current account surplus as import prices surge 2022-10-11T04:00:00Z Unlike the United States, Europe ran only small trade deficits with China before the pandemic. European Interest in China Investments Wanes 2022-09-20T04:00:00Z But the impact has already been registered both in inflation rates as well as rapidly deteriorating trade deficits in the euro zone, Japan and Britain. Column: G7 could give FX more attention: Mike Dolan 2022-09-16T04:00:00Z Japan reported a record trade deficit for the month of August, driven by high costs for imports of energy and other commodities and a weak yen. Asian shares mixed after wobbly gains on Wall St 2022-09-15T04:00:00Z Separately, data on Thursday showed the trade deficit hit its biggest in a single month on record in August at $19.7 billion. Yen intervention would be limited in stopping steeper falls, official warns 2022-09-15T04:00:00Z Japan ran its biggest single-month trade deficit on record in August as imports surged on high energy costs and a slump in the yen, exposing the economy's vulnerability to external price pressures. Japan posts record trade deficit in August as energy imports soar 2022-09-15T04:00:00Z The U.S. trade deficit narrowed in July as exports hit a record high, a trend that could see trade continuing to contribute to gross domestic product in the third quarter. Bank of Canada unveils 75-basis point hike and says rates will need to go higher still 2022-09-07T04:00:00Z The measures come as new data on Monday showed a trade deficit in July of $437 million, the second deficit in a row for Latin America's third-largest economy. Argentina prepares to restrict imports amid foreign exchange shortage -source 2022-08-23T04:00:00Z According to data by the State Administration of Foreign Exchange, the country's services trade deficit reached $7.9 billion in June, the biggest since December 2021. China says international services trade faces challenges 2022-08-23T04:00:00Z Local Yamasee and Creek tribes built up a trade deficit with the English, trading deerskins and captive people for European guns. U.S. History 2014-12-30T00:00:00Z Excluding energy imports and exports, the trade deficit in the period was 6.1 billion euros, the ministry said. Spain's Jan-June trade deficit widens almost six-fold to 32 bln euros 2022-08-18T04:00:00Z That followed a central bank decision allowing the currency to depreciate by around 16% in March to try to stem a growing trade deficit. Egypt’s central bank governor resigns as economic woes mount 2022-08-17T04:00:00Z In Japan, government data showed a trade deficit in July for the 12th consecutive month. Asian shares rise on optimism about US, China economies 2022-08-17T04:00:00Z Meanwhile, figures from Japan are expected to show a recovery in machine orders and a narrowing trade deficit. Tencent's Q2 results take center stage in Asia 2022-08-16T04:00:00Z The U.S. trade deficit narrowed sharply in June as exports surged to a record high, a trend that could see trade continuing to contribute to gross domestic product in the third quarter. WeWork reports office occupancy back to pre-pandemic leel 2022-08-04T04:00:00Z The economy contracted 1.3% in the first half of 2022, largely because of big swings in inventories and the trade deficit tied to snarled global supply chains. U.S. job growth seen slowing in July; but far from recession levels 2022-08-05T04:00:00Z Wild swings in inventories and the trade deficit tied to snarled global supply chains have been largely to blame for the two straight quarterly declines in gross domestic product. U.S. weekly jobless claims increase; layoffs fall in July 2022-08-04T04:00:00Z Wild swings in inventories and the trade deficit tied to snarled global supply chains have been largely to blame. U.S. service sector unexpectedly picks up in July; price growth slows - ISM survey 2022-08-03T04:00:00Z The Indian rupee is tipped to open higher versus the U.S. currency on Wednesday, shrugging off a record trade deficit and the recovery on the dollar index. India nixes privacy bill that alarmed big tech companies, works on new law 2022-08-03T04:00:00Z Bangladesh's July to May current account deficit was $17.2 billion, compared with a deficit of $2.78 billion in the year-earlier period, according to central bank data, as its trade deficit widened and remittances fell. Bangladesh seeking $2 Billion from World Bank, ADB - Bloomberg News 2022-08-03T04:00:00Z Wild swings in inventories and the trade deficit tied to snarled global supply chains have been largely to blame, though overall momentum has cooled. U.S. manufacturing sector slows modestly; supply bottlenecks appear to ease 2022-08-01T04:00:00Z The result was a $4.67 billion trade deficit, marking the biggest in six months and fourth straight monthly deficit in a row. South Korea July exports grow at faster pace, trade deficit widens 2022-08-01T04:00:00Z The rise in energy imports was one of the factors behind Japan logging its first trade deficit in 31 years in 2011. Keep calm and cut the air con - Japan's energy saving is model for Europe 2022-07-28T04:00:00Z It was caused mainly by factors that don’t reflect the economy’s underlying health: A wider trade deficit, a consequence of Americans’ keen appetite for foreign-made goods, slashed 3.2 percentage points from first-quarter growth. US economy likely grew modestly, if at all, last quarter 2022-07-28T04:00:00Z The survey was, however, conducted before data on Wednesday showing the goods trade deficit in June was the smallest in seven months and shipments of non-defense capital goods excluding aircraft increased strongly. Moderate rebound in U.S. economic growth seen in second quarter as inflation bites 2022-07-28T04:00:00Z The U.S. trade deficit in goods narrowed sharply in June as exports surged, while business spending on equipment remained strong, reducing the risk that the economy contracted again in the second quarter. Reactions after Fed hikes rates another 75 basis points 2022-07-27T04:00:00Z The U.S. trade deficit in goods narrowed sharply in June as exports surged, while business spending on equipment remained strong, reducing the risk that the economy contracted again in the second quarter. Pelosi's husband dumps Nvidia stock as House eyes chip bill 2022-07-27T04:00:00Z The U.S. trade deficit in goods narrowed sharply in June as exports surged, while business spending on equipment remained strong, reducing the risk that the economy contracted again in the second quarter. U.S. debt burden to rise to 185% of GDP in 2052, CBO projects 2022-07-27T04:00:00Z As trade deficits widen, governments are struggling to shore up enough foreign reserves to import increasingly expensive diesel, gasoline and cooking gas. Bangladesh Seeks I.M.F. Loan as Inflation Rocks South Asia 2022-07-27T04:00:00Z A smaller trade deficit, thanks to record exports, is expected to have added as much as 1.5 percentage points to GDP growth last quarter. Moderate rebound in U.S. economic growth seen in second quarter as inflation bites 2022-07-28T04:00:00Z The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy contracted again in the second quarter. U.S. goods trade deficit narrows sharply; core capital goods shipments strong 2022-07-27T04:00:00Z It was caused by factors that don’t mirror the economy’s underlying health: A widening trade deficit, reflecting consumers’ robust appetite for imports, shaved 3.2 percentage points off first-quarter growth. US economy sending mixed signals: Here’s what it all means 2022-07-26T04:00:00Z Bangladesh’s July to May current account deficit was $17.2 billion, compared with a deficit of $2.78 billion in the year-earlier period, according to central bank data, as its trade deficit widened and remittances fell. Bangladesh seeks $4.5 billion IMF loan as deficit widens, newspaper says 2022-07-26T04:00:00Z Growth was dragged down by a swelling trade deficit and slower growth in inventories. This Week in Business: Amazon’s Latest Acquisition 2022-07-24T04:00:00Z That, on top of the trade deficit and Korean retail investors' growing appetite for foreign stocks, could force the won into a long-term downward trend, officials say. Analysis: S.Korea's huge pension fund a local force driving won lower 2022-07-20T04:00:00Z The Bank of Japan holds its policy meeting amid concerns the breakneck drop in the yen is adding to the cost of imported commodities and widening the country's trade deficit. Asia tries to bounce, tense week ahead for EU 2022-07-18T04:00:00Z It rose above parity in 2002 as large trade deficits and accounting scandals on Wall Street weighed on the dollar. EXPLAINER: What’s the impact of euro parity with the dollar? 2022-07-13T04:00:00Z The economy contracted at a 1.6% rate in the first quarter because of a record trade deficit. U.S. wholesale inventories revised lower in May 2022-07-08T04:00:00Z The trade deficit is large, the government budget bleeds red ink and productivity growth is in the doldrums. Opinion | Post-Boris and post-Brexit, Britain’s Conservatives need a serious leader 2022-07-07T04:00:00Z On that day, the euro blew past parity with the dollar as huge U.S. trade deficits and accounting scandals on Wall Street pulled down the U.S. currency. With U.S. dollar nearly equal to euro, impact is being felt 2022-07-07T04:00:00Z A record trade deficit weighed on the economy in the first quarter, resulting in gross domestic product declining at a 1.6% annualized rate. U.S. trade deficit narrows in May; exports hit record high 2022-07-07T04:00:00Z Germany posted its first monthly trade deficit in 30 years. Your Wednesday Briefing: Russia’s Next Offensive 2022-07-05T04:00:00Z Germany posts its first monthly trade deficit in 30 years. Crypto Crashed. Wall Street Won. 2022-07-05T04:00:00Z The seasonally adjusted figures resulted in a foreign trade deficit of almost 1 billion euros — a psychological blow to Europe’s biggest economy, which prides itself on its strong export industries. Germany records 1st export deficit in over 30 years 2022-07-04T04:00:00Z With global seafood consumption expected to increase by 100-170 billion pounds by 2030, the growing seafood trade deficit means more fish will need to be farm-raised, opening the door for Midwestern farmers to meet demand. Despite potential, Midwestern farms struggle to market fish 2022-07-03T04:00:00Z Imports jumped by a much faster 19.4% to $60.20 billion as soaring energy prices raised the cost of imports, contributing to a trade deficit of $2.47 billion, the biggest since January this year. S.Korea's slowest exports growth in 19 months adds to global recession fears 2022-07-01T04:00:00Z A record trade deficit largely accounted for the first decline in GDP since the short and sharp COVID-19 pandemic recession nearly two years ago. U.S. consumer spending rises moderately; inflation pushes higher 2022-06-30T04:00:00Z Business spending on equipment remained solid through May, while the goods trade deficit narrowed significantly as exports hit a record high. Record trade deficit weighs on U.S. economy in first quarter 2022-06-29T04:00:00Z A bigger trade deficit — reflecting Americans’ appetite for foreign goods and services — slashed 3.2 percentage points off the change in January-March GDP. US economy slipped 1.6% to start year; return to growth eyed 2022-06-29T04:00:00Z A record trade deficit weighed on the economy in the first quarter, resulting in gross domestic product declining at a 1.5% annualized rate. U.S. goods trade deficit narrows in May 2022-06-28T04:00:00Z Chinese customs data shows that more than three-quarters of African nations have trade deficits with Beijing. Africa's dream of feeding China hits hard reality 2022-06-28T04:00:00Z Robust business investment in equipment helped to sustain strong domestic demand in the first quarter even as the economy contracted at a 1.5% annualized rate, hit by a record trade deficit. U.S. core capital goods orders, shipments increase strongly 2022-06-27T04:00:00Z Recent retail sales, housing and manufacturing data suggest the economy is already losing speed after appearing to have rebounded from the first quarter's slump, which was mostly driven by a record trade deficit. U.S. weekly jobless claims grind lower amid tight labor market 2022-06-23T04:00:00Z Petro will take office at a time when Colombia is struggling with low credit ratings, a large trade deficit and national debt which is predicted to end the year at 56.5% of GDP. Analysis: Colombia's first leftist president targets inequality, leaves investors on edge 2022-06-20T04:00:00Z The penalties were intended to reduce the U.S. trade deficit and force China to adopt fairer practices. Biden, mulling tariff decision, will talk soon to China’s Xi 2022-06-18T04:00:00Z The growing trade deficit underscores the headwinds the world’s third-largest economy faces from a slide in the yen and surging costs of fuel and raw materials, on which domestic manufacturers rely for production. Japan runs biggest trade deficit in more than 8 years in May 2022-06-16T04:00:00Z A soaring trade deficit, an accelerated drop in the central bank's foreign reserves, rising external financing costs and "unstoppable inflation" are all pressuring the lira, he added. Turkey's lira, bonds extend decline on inflation, rate cut concerns 2022-06-08T04:00:00Z A record trade deficit and slower rate of inventory accumulation relative to the fourth quarter's brisk pace weighed in output, resulting in GDP dropping at a 1.5% annualized rate in the January-March quarter. U.S. wholesale inventories revised slightly up in April 2022-06-08T04:00:00Z The U.S. trade deficit narrowed by the most in 10 years in April as exports jumped to a record high, suggesting that trade could contribute to economic growth this quarter. U.S. Treasury says all buying of Russian debt and equity banned under sanctions 2022-06-07T04:00:00Z The low value of the Turkish lira makes exports from the country relatively cheap, though economists say the country’s trade deficit is likely to continue because of the high cost of intermediate goods. Turkey today, Türkiye tomorrow: U.N. okays country’s request for change 2022-06-02T04:00:00Z In the first quarter, the widening of the trade deficit largely explains the economy’s worst performance since the pandemic recovery began, with gross domestic product shrinking at a 1.5 percent annual pace. U.S. merchandise-trade deficit drops amid China lockdown 2022-05-27T04:00:00Z Europe - which is the region most heavily reliant on Russian energy imports - is now the epicentre of the crisis, and grappling with wide energy trade deficits, he said. Oil snaps inverse dollar link leaving little to check its bull run 2022-05-26T04:00:00Z Robust business investment in equipment helped to keep domestic demand strong in the first quarter even as the economy contracted, burdened by a record trade deficit. U.S. business spending on equipment shows signs of slowing in April 2022-05-25T04:00:00Z The economy contracted in the first quarter under the weight of a record trade deficit, although domestic demand remained solid as households increased spending and businesses ramped up investment in equipment. U.S. business activity slows in May, survey shows 2022-05-24T04:00:00Z And if Biden cuts tariffs and the trade deficit with China continues to rise, Republicans will use that to go after those voters. Opinion | Biden might be on the verge of making a blunder with China 2022-05-19T04:00:00Z Japan recorded a trade deficit in April as imports ballooned 28% as energy prices soared amid the war in Ukraine and the yen weakened against the dollar. Asian shares track Wall Street’s inflation-fueled retreat 2022-05-18T04:00:00Z That, together with a record trade deficit, weighed on gross domestic product, resulting in the economy contracting at a 1.4% annualized rate in the first quarter. U.S. wholesale inventories unrevised in March 2022-05-09T04:00:00Z For one thing, it has contributed to the surging U.S. trade deficit, which hit a new high in March. The Dollar Is Stronger. Who Wins? Who Loses? 2022-05-06T04:00:00Z Though GDP contracted in the first quarter under the weight of a record trade deficit, domestic demand was strong, with consumer spending picking up and business investment in equipment accelerating. U.S. unemployment rate expected to fall to 3.5% in April, job gains to slow 2022-05-06T04:00:00Z The economy contracted at a 1.4% annualized rate in the first quarter, though that was largely because of a record trade deficit. U.S. service sector slows; input prices measure at record high - ISM survey 2022-05-04T04:00:00Z Canada’s trade surplus with the United States hit an all-time high of C$12.6 billion, while its trade deficit with the rest of the world hit a record C$10.1 billion. Canada's trade surplus narrows as imports surge more than exports 2022-05-04T04:00:00Z Yet, the economy unexpectedly contracted in the first quarter, led by trade deficits and a drop in inventory purchases. Markets tank over new questions about where the economy is heading 2022-04-29T04:00:00Z As a result, the trade deficit has ballooned, taking more than three percentage points away from the change in gross domestic product in the first quarter. U.S. Economy Shrank in First Quarter, but Underlying Measures Were Solid 2022-04-28T04:00:00Z The country’s trade deficit for goods — the difference between incoming and outgoing products — widened to a record high in March, the Commerce Department reported this week. Economy shrinks 1.4% in first 3 months of year, raising recession fear 2022-04-28T04:00:00Z That disparity widened the trade deficit and subtracted from the quarter’s growth. US economy shrank by 1.4% in Q1 but consumers kept spending 2022-04-28T04:00:00Z "South Korea will continue to see the trade deficit widening due to higher import prices with a one-month lag to crude oil prices," said Stephen Lee, senior economist at Meritz Securities. S.Korea April export growth to hit 14-mth low; inflation near 11-yr high: Reuters poll 2022-04-28T04:00:00Z The wider trade deficit is believed to have chopped off as much as 1.5 percentage points from GDP growth last quarter. Omicron, imports expected to restrain U.S. growth in first quarter 2022-04-28T04:00:00Z While the market forecast is for growth of 1.1%, the risk is to the downside after the U.S. trade deficit blew out to a record and implied a large drag from net exports. Dollar nears two-decade peaks as problems plague euro, yen 2022-04-28T04:00:00Z When foreign-source money is used to buy dollars and dollar-based assets such as bonds, the dollar’s exchange rate is pushed higher and our trade deficits get worse. Opinion | How to fight inflation 2022-04-22T04:00:00Z Investors were also watching South Korean trade numbers for April, which showed a trade deficit, although both imports and exports rose. Asian indexes mixed in choppy trading, echoing Wall Street 2022-04-20T04:00:00Z Japan’s trade deficit persisted in March as imports surged 31% thanks to soaring oil prices and a weakening yen. Japan logs trade deficit in March on weak yen, pricey oil 2022-04-19T04:00:00Z Japan reported its trade deficit p ersisted in March as imports surged 31% thanks to soaring oil prices and a weakening yen. Asian shares mixed after tech-led rally on Wall Street 2022-04-19T04:00:00Z The persistent trade deficit highlights the world’s third-largest economy’s vulnerability to soaring import costs. Japan posts trade gap far wider than forecasts as China exports slow, energy imports soar 2022-04-20T04:00:00Z Soaring fuel costs and a weak yen have expanded Japan's trade deficit in recent months, more than offsetting heavy returns on investment and pushing the country's current account balance into the red. Japan's Feb current account swings back to surplus from big deficit 2022-04-08T04:00:00Z In the first quarter of the year, Brazil ran a $3.8 billion trade deficit with the U.S. and $4.7 billion surplus with China, according to Brazilian government data. U.S. must do more to strengthen ties with Brazil- U.S commerce official 2022-04-07T04:00:00Z The trade deficit has swelled to record levels partly due to more expensive energy imports but also because French firms are still struggling to win foreign market share. Spectre of inflation threatens Macron's economic gains as election looms 2022-04-04T04:00:00Z The country began running a large trade deficit, its currency plummeted, and prices of basic goods began rising. Factbox: Sudan's worsening humanitarian situation 2022-04-01T04:00:00Z The United States posted gaping trade deficits with China. Russia war ends era of globalization that kept inflation low 2022-03-30T04:00:00Z The goods trade deficit hit an all-time high of $107.6 billion in January. U.S. goods trade deficit narrows in February; still near record highs 2022-03-28T04:00:00Z India's trade deficit with China is the largest it has with any county, and the imbalance has been steadily widening. Factbox: India-China ties caught in cross-currents of border tensions, rising trade 2022-03-25T04:00:00Z While crude has slipped from a peak hit earlier this month, it still remains elevated enough to threaten bigger trade deficits and greater cost-pull inflation. Asia FX bears remain firm as risks from geopolitics, inflation persist - Reuters poll 2022-03-24T04:00:00Z The overall U.S. trade deficit soared to record levels last year, pushed up by a widening deficit with China, and foreign investments into China actually accelerated last year. Ukraine War and Pandemic Force Nations to Retreat From Globalization 2022-03-22T04:00:00Z High commodity prices are bad news for the yen, however, as Japan imports the bulk of its energy, widening the country's trade deficit. Improved risk sentiment and high commodity prices help Aussie, hurt yen 2022-03-23T04:00:00Z The EU’s trade deficits with energy supplier Russia more than doubled to 11.9 billion euros and with Norway grew from just 0.1 billion euros a year earlier to 5.8 billion euros. Euro zone trade deficit widens as energy import cost surges 2022-03-18T04:00:00Z With a tight election looming, the president was betting that slashing rates to 14% would stoke exports and generate enough foreign income, including from tourism, to reverse chronic trade deficits. Analysis: Fallout of Ukraine war exposes Turkey's vulnerable economy 2022-03-11T05:00:00Z The Commerce Department said on Tuesday that the trade deficit jumped 9.4% to an all-time high of $89.7 billion in January. U.S. trade deficit hits record high in January 2022-03-08T05:00:00Z The current account data highlighted the dependence of Japan’s resource-deficient economy on imports of commodities and raw materials, which caused trade deficit to widen amid slowing demand from its largest trading partner China. Japan logs biggest current account deficit since 2014 as oil import costs surge 2022-03-08T05:00:00Z There is another glaring blemish on Macron's economic record in the form of France's abysmal trade deficit, which reached a record 3.4% of GDP last year. Economic reforms bear fruit as France's Macron seeks re-election 2022-03-07T05:00:00Z In 2006, a widening trade deficit flooded Wilmington with containers, and back then, residents spoke about the blight associated with storage yards: weeds, rats, blocked views, the fear they might tumble down in an earthquake. As containers stack up in Wilmington, so do the zoning complaints 2022-03-01T05:00:00Z U.S. liquefied natural gas exports to Germany will diminish the bilateral trade deficit and create jobs in the United States. Opinion | Russia may or may not conquer Ukraine. It has definitely lost Germany. 2022-03-01T05:00:00Z That, together with the surge in the goods trade deficit, could weigh on economic growth this quarter. U.S. goods trade deficit hits record high in January 2022-02-28T05:00:00Z A weak yen also inflated the cost of imports, helping to lead to a trade deficit. Japan logs biggest current account deficit since 2014 as oil import costs surge 2022-03-08T05:00:00Z Imports jumped 39.6%, resulting in the sixth straight month of trade deficits, it said. Japan’s deficit reaches 8-year high as energy imports soar 2022-02-16T05:00:00Z The growing trade deficit highlights the world’s third-largest economy’s vulnerability to soaring commodity costs and slowing demand from giant neighbour China as the economy there struggles to maintain momentum. Japan's trade deficit soars to 8-year high as commodity imports soar 2022-02-17T05:00:00Z Besides caution around Ukraine, another factor lending a floor to the dollar were whopping trade deficits in Europe and Japan caused by surging energy prices. Ukraine stand-off keeps euro pinned 2022-02-17T05:00:00Z The goods trade deficit jumped 7.1% to an all-time high of $107.6 billion last month, the Commerce Department said on Monday. U.S. goods trade deficit hits record high in January 2022-02-28T05:00:00Z Underscoring changes in Japan’s economic structure, a steady rise in returns from Japanese direct and portfolio investment overseas helped offset the trade deficit, bringing Japan’s primary income surplus to 1.289 trillion yen in January. Japan logs biggest current account deficit since 2014 as oil import costs surge 2022-03-08T05:00:00Z Mr Shea said that the increase in Chinese exports to the US and the growing trade deficit it has caused is not just because of US consumers' appetite for cheap Chinese goods. US accuses China of 'serious harm' to workers through trade 2022-02-16T05:00:00Z Overall, 2021 was a record for the U.S. trade deficit, though that is largely a reflection of the strong economic rebound. Opinion | Confirmed: Trump’s big U.S.-China trade deal was a flop 2022-02-13T05:00:00Z The report followed news on Tuesday that the trade deficit widened less-than-expected in December. Strong U.S. wholesale inventories point to upward fourth quarter GDP growth revision 2022-02-09T05:00:00Z The China deal showed “that sort of approach isn’t effective at tackling” the overall trade deficit, “even if you think that’s an important policy issue to tackle,” Mr. Bown said. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z But the survey was conducted before the release on Wednesday of data showing a record goods trade deficit in December and a surge in retail inventories. U.S. economy likely regained steam in Q4, 2021 growth seen best in 37 years 2022-01-27T05:00:00Z Amid the latest economic crisis, Erdogan has framed developments, including the plunging value of the lira, as calculated steps designed to foster export-led growth, increase access to credit and reduce the country’s trade deficit. As Turkey’s economy struggles, Erdogan goes it alone 2022-01-21T05:00:00Z Which could be — maybe? — good for Americans worried about the trade deficit? Futurist Amy Webb says babymaking could get crazy and the smartphone will die 2022-01-10T05:00:00Z At the same time, a widening trade deficit with China has become a serious drag on growth in the United States and the European Union and has become a source of political friction. China’s trade surplus surges to new heights. 2022-01-14T05:00:00Z Unlike Mr. Trump, Mr. Biden has made no concrete promises to lower the trade deficit. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The trade deficit has been a drag on GDP growth for five straight quarters. U.S. trade deficit widens sharply on record high goods imports 2022-01-06T05:00:00Z But to improve the trade deficit, “you need … innovation,” she said. As Turkey’s economy struggles, Erdogan goes it alone 2022-01-21T05:00:00Z The trade deficit narrowed sharply in October as exports surged to a record high and businesses have been steadily rebuilding inventories. U.S. third-quarter economic growth revised slightly higher 2021-12-22T05:00:00Z Coupled with high trade deficits, low growth rates and soaring inflation, the heavy debt contributed significantly to the collapse of the Greek economy. Senate Democrats approve raising the federal debt limit to $31.4 trillion 2021-12-14T05:00:00Z The ballooning trade deficit subtracted more than a percentage point from economic growth figures last year, more than it has in decades. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The trade deficit narrowed in October, and consumer spending rose at its fastest pace since March, according to the Commerce Department. 4.2 million Americans quit their jobs in October as workers continued to search for better opportunities 2021-12-08T05:00:00Z The government had begun to reduce its trade deficit through tax and customs reforms, but those revenues were interrupted by a blockade by a tribal group at Port Sudan before the coup. EXCLUSIVE Sudan cut off from $650 million of international funding after coup 2021-12-08T05:00:00Z If the real goods trade deficit continues to shrink, trade could contribute to gross domestic product this quarter. U.S. trade deficit shrinks as exports surge to record high 2021-12-07T05:00:00Z Meanwhile, its trade deficit in the first nine months of the year ballooned to $6 billion from $4.3 billion in the same period last year. Explainer: Why does Sri Lanka want migrant workers to remit funds via banking channels? 2021-12-06T05:00:00Z Economists argue that the imbalances reflected in a large trade deficit can be related to a variety of economic issues, including fewer manufacturing jobs, unsustainable debt loads and financial bubbles. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The trade deficit narrowed in October, and consumer spending increased at its fastest pace since March, according to estimates from the Commerce Department. U.S. economy adds 210,000 jobs in November as unemployment rate drops 2021-12-03T05:00:00Z The trade deficit data was hailed as a positive sign about the potential easing of supply chain disruptions. Weekly jobless claims plunge to 199,000, the lowest level in more than 50 years 2021-11-24T05:00:00Z That drove up demand for imported factory parts, raw materials and other goods, pushing up Pakistan’s trade deficit. As Inflation Surges, Pakistan Seeks a $6 Billion I.M.F. Lifeline 2021-11-23T05:00:00Z Romania, one of the European Union's poorest members, has been in political paralysis since a centrist coalition government splintered in September, threatening economic recovery and efforts to cut large budget and trade deficits. Romania's new coalition finalises government, endorses PM to defuse crisis 2021-11-22T05:00:00Z He added that the trade deficit was “draining jobs away from the recovery.” The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z He said the country logged a trade deficit of $368 million. Myanmar political standoff leaves economy in tatters 2021-11-13T05:00:00Z “The peak is likely past for the trade deficit,” Adam said. Weekly jobless claims plunge to 199,000, the lowest level in more than 50 years 2021-11-24T05:00:00Z “The trade deficit over the last three months I haven’t seen over the last 74 years in Pakistan.” As Inflation Surges, Pakistan Seeks a $6 Billion I.M.F. Lifeline 2021-11-23T05:00:00Z Imports likely rose 31.9% in October from a year earlier after gaining 38.6% in the previous month, resulting in a trade deficit for the third straight month, the poll showed. Japan Oct exports seen snapping double-digit growth as car shipments falter - Reuters poll 2021-11-12T05:00:00Z The overall trade deficit in both goods and services also hit an annual record, rising 27 percent as the country’s imports far outpaced its exports, according to data released by the Commerce Department on Tuesday. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The poll was, however, conducted before the release of data on Wednesday showing a sharp widening in the goods trade deficit in September amid a slump in exports. Delta variant likely slammed brakes on U.S. economic growth in third quarter 2021-10-28T04:00:00Z Slower growth expectations were reinforced by other data from the Commerce Department on Wednesday showing the goods trade deficit widening sharply last month, with exports slumping. U.S. business spending on equipment strong; goods trade deficit widens 2021-10-27T04:00:00Z The yen is dented by expectations that its trade deficit could widen as rising oil prices boost its imports bill while its car exports are hampered by chips shortages. Commodity currencies at multi-month highs, sterling firm on BoE rate hike bets 2021-10-21T04:00:00Z President Trump again urged Prime Minister Phúc to reduce Vietnam's trade deficit with the United States from $32 billion to zero in four years. Behind the scenes of Donald Trump's very strange White House meeting with Vietnam's prime minister 2021-10-12T04:00:00Z The trade deficit numbers are also the latest sign of how dependent the United States remains on other countries, particularly China, for the things that consumers want to buy. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The biggest goods trade deficit on record prompted some Wall Street banks to cut their GDP growth estimate, including Goldman Sachs, which trimmed its forecast by half a percentage point to a 2.75% rate. Delta variant likely slammed brakes on U.S. economic growth in third quarter 2021-10-28T04:00:00Z Meanwhile, the trade deficit with China kept growing this year. Opinion | Mr. Biden’s China policy, like Mr. Trump’s, is flawed 2021-10-08T04:00:00Z China’s behavior did not change, high-wage jobs did not come back, and while the U.S. deficit with China decreased, this caused the overall U.S. trade deficit to go up. Opinion | Candidate Biden was right on trade. President Biden is wrong. 2021-10-07T04:00:00Z Chamber of Commerce, Lighthizer introduced the prime minister by noting that "our trade deficit presents new challenges and shows us that there is considerable potential to improve further our important trade relationship." Behind the scenes of Donald Trump's very strange White House meeting with Vietnam's prime minister 2021-10-12T04:00:00Z Mr. Trump’s defenders have said that the trade deficit with China had been falling until the pandemic hit. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The trade deficit surged 4.2% to $73.3 billion last month, the highest since the government started tracking the series, the Commerce Department said on Tuesday. U.S. trade deficit jumps to record high in August 2021-10-05T04:00:00Z The Commerce Department reported Tuesday that the monthly trade deficit increased 4.2% in August, rising to an all-time high, surpassing the previous record of $73.2 billion set in June. US trade deficit hits record $73.3 billion in August 2021-10-05T04:00:00Z The sector drives more than 10% of the economy, attracting hard currencies vital to offsetting a heavy trade deficit. Turkish hotels to close early after UK 'red list' dashes hopes 2021-09-03T04:00:00Z President Trump then instructed Lighthizer to "bring the U.S. trade deficit with Vietnam to zero in four years." Behind the scenes of Donald Trump's very strange White House meeting with Vietnam's prime minister 2021-10-12T04:00:00Z However, there is debate about just how alarming the trade deficit figures should be. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The U.S. trade deficit narrowed slightly to $70.1 billion in July as economic recovery overseas helped boost American exports while imports declined. US trade deficit narrows slightly to $70.1 billion in July 2021-09-02T04:00:00Z Because it runs a deep trade deficit, it pays for imports mostly through foreign aid, which amounts to nearly half of the country’s economy — and has now been suspended. The New U.S. Challenge in Afghanistan: Coping With Taliban Rule 2021-08-31T04:00:00Z The drag from slowing consumer spending this quarter is likely to be limited by a narrowing trade deficit and the replenishing of depleted inventories by businesses. Motor vehicles restrain U.S. consumer spending; monthly inflation slows 2021-08-27T04:00:00Z President Trump noted that the United States has "a major trade deficit with Vietnam, which will hopefully balance out in a short period of time. We expect to be able to do that." Behind the scenes of Donald Trump's very strange White House meeting with Vietnam's prime minister 2021-10-12T04:00:00Z Many mainstream economists say that trade deficits can rise for reasons that are either positive or negative. The U.S. trade deficit soared to a record last year. 2022-02-08T05:00:00Z The trade deficit represents the gap between what the country exports to the rest of the world and the imports it purchases from other countries. US trade deficit narrows slightly to $70.1 billion in July 2021-09-02T04:00:00Z Mr. Tooze warned of what economists call a “sudden stop,” in which countries suddenly lose the ability to finance their trade deficit. The New U.S. Challenge in Afghanistan: Coping With Taliban Rule 2021-08-31T04:00:00Z The trade deficit represents the gap between what the country exports to the rest of the world and what it purchases from other countries. US trade deficit hits record $75.7 billion in June 2021-08-05T04:00:00Z By 1970, however, the United States was running a trade deficit, its first in a century. Opinion | Fifty years later, Nixon’s ‘August surprise’ still reverberates 2021-08-03T04:00:00Z The nominal U.S. international trade deficit widened to a record size in March and then reversed that widening in April. Minutes of Federal Reserve June 15-16 policy meeting 2021-07-07T04:00:00Z The U.S. trade deficit widened in May to $71.2 billion as a small increase in exports was offset by a bigger rise in imports. U.S. judge rules Google must face much of lawsuit over Voice Assistant 2021-07-02T04:00:00Z The trade deficit is the gap between what America sells abroad and what the country imports. US trade deficit increases to $71.2 billion in May 2021-07-02T04:00:00Z While the goods trade deficit widened last month, that was because of an increase in imports as businesses desperately try to keep up with robust demand. Google delays plan to block tracking cookies on Chrome browser amid antitrust concerns 2021-06-24T04:00:00Z When Sudan devalued the currency in February, officials said that some imports would be restricted so as to address the country’s large trade deficit. Sudan eliminates customs exchange rate - finance ministry 2021-06-22T04:00:00Z Lebanon depends on imports and for years the central bank helped finance the trade deficit by offering high interest rates on dollar deposits at commercial banks. ‘Financial surrealism’: Lebanese opt for beer over banks 2021-06-17T04:00:00Z Saudi Arabia is the largest source of foreign remittances to Pakistan, which depends on these funds to support its current account given the country's yawning trade deficit. Pakistan allows AstraZeneca shot for under 40s to help its expatriates 2021-06-15T04:00:00Z The U.S. trade deficit narrowed for the first time this year in April as the value of goods and services exports climbed and imports fell. U.S. job openings hit record in April 2021-06-08T04:00:00Z The U.S. trade deficit retreated from a record high in April amid a decline in imports, but the improvement was likely temporary as domestic demand remains robust. U.S. trade deficit narrows in April 2021-06-08T04:00:00Z The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods. U.S. trade deficit hit record in March as economy improved 2021-05-04T04:00:00Z The politically sensitive trade deficit with China rose 11.6% to $27.7 billion which, as usual, was the largest deficit with any single country. US trade deficit hits record $74.4 billion in March 2021-05-04T04:00:00Z The trade deficit is the gap between what America buys from abroad and what it sells to other countries.. US trade deficit hits record $74.4 billion in March 2021-05-04T04:00:00Z The survey was, however, conducted before this week's March durable goods orders, goods trade deficit as well as wholesale and retail inventories data. Government money seen powering U.S. economy in first quarter 2021-04-29T04:00:00Z The pent-up demand is drawing in imports, eclipsing a recovery in exports and keeping the overall trade deficit elevated. U.S. goods trade deficit hits record high in March 2021-04-28T04:00:00Z The politically sensitive trade deficit with China rose 11.6 percent to $27.7 billion which, as usual, was the largest deficit with any single country. U.S. trade deficit hit record in March as economy improved 2021-05-04T04:00:00Z The U.S. trade deficit grew to a record $71.1 billion in February as a decline in exports more than offset a slight dip in imports, and analysts are pointing at severe weather that created disruptions. U.S. trade deficit had record growth in February 2021-04-07T04:00:00Z But it’s made American products more expensive for customers in overseas markets, chilling U.S. exports and causing the trade deficit to balloon. With stimulus cash and jobs spike, U.S. emerges as main engine for global economic recovery 2021-04-04T04:00:00Z They subsequently raised the estimate to a 7.7% pace after the goods trade deficit and inventory data. Government money seen powering U.S. economy in first quarter 2021-04-29T04:00:00Z Germany is a net importer of all vaccines, with a $720 million trade deficit in this area. As vaccine nationalism deepens, governments pay to bring production home 2021-03-12T05:00:00Z The report cited “triggering” events — such as proposed tax legislation and a higher-than-expected trade deficit leading to higher interest rates — as setting the stage for the massive sell-off that unfolded on Black Monday. Robert Glauber, Harvard business professor and ranking Treasury official, dies at 81 2021-03-04T05:00:00Z Traditionally, most economists have nonetheless taken a blasé posture toward trade deficits, arguing that they reflect underlying economic fundamentals — namely, a country’s appetite to consume or invest rather than save. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z Likewise, despite Trump’s pledge to eliminate the merchandise trade deficit, it topped $904 billion last year, up almost 19 percent on his watch. Heartland factories losing ground as Biden readies manufacturing push 2021-02-16T05:00:00Z The moves upended seven decades of U.S. policy in favor of ever-freer trade but did little to achieve Trump’s goal of narrowing America’s vast trade deficit. Biden treads carefully around Trump’s combative trade policy 2021-02-09T05:00:00Z In upending seven decades of presidential support for free trade, Trump vowed to shrink the U.S. trade deficit and restore millions of lost American factory jobs. Biden treads carefully around Trump’s combative trade policy 2021-02-09T05:00:00Z But the inventory accumulation included imports, likely leading to a larger trade deficit, which subtracted from growth. U.S. economy likely logged its weakest performance in 74 years in 2020 2021-01-28T05:00:00Z An economy growing unusually quickly can also run a larger-than-usual trade deficit, as spending spikes for goods like cars and phones. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z Its trade deficit with Vietnam widening significantly and rapidly, the United States under the Trump administration labelled Vietnam a currency manipulator late last year, raising the prospect of U.S. tariffs on Vietnamese goods. Wanted: Communist Party leadership to keep Vietnam in sweet spot amid U.S.-China tensions 2021-01-21T05:00:00Z He still ended his term with a record U.S. trade deficit, unavoidable perhaps due to the pandemic. The Trump years: Tax cuts and trade wars overshadowed in the end by a virus 2021-01-19T05:00:00Z It ended in early 2020 with a bigger trade deficit with China than when it began. Explainer: Trump's legacy - Big policy changes that often got lost amid the din and scandal 2021-01-19T05:00:00Z Analysts generally assume this would be positive for economic growth globally and thus for most risk assets, but negative for bonds and the dollar as the U.S. budget and trade deficits swell even further. Markets weigh winners and losers should Democrats take Senate 2021-01-06T05:00:00Z The problem for the United States is that its trade deficit appears to be far larger than demographics and other fundamentals would predict. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z As both candidate and president, Trump repeatedly pledged to “end our chronic trade deficits.” Opinion | Even if you judge Trump by his preferred economic measures, he’s still a loser 2021-01-04T05:00:00Z Such a drop would add pressure on the Fed to ease further, another burden for the dollar which is already buckling under the weight of the massive U.S. budget and trade deficits. Asia shares start new year in upbeat mood, much already priced in 2021-01-04T05:00:00Z Meanwhile, the dollar was ending the year in a downward spiral, with investors putting more money into riskier assets as the United States printed money to fund swelling budget and trade deficits. Oil slips, set for 20% annual drop in tumultuous 2020 2020-12-31T05:00:00Z Trump may not have been successful in his approach to the trade deficit, but he was spectacularly apt at annoying and insulting the people his voters want to see annoyed and insulted. Perspective | Trumpism expanded the GOP tent. Don’t expect Republicans to abandon it now. 2020-11-09T05:00:00Z This divergence between economic models and the actual trade deficit partly reflects the dollar’s strength relative to other currencies. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z Let’s indulge Trump, though, and assume a larger trade deficit does somehow indicate “losing.” Opinion | Even if you judge Trump by his preferred economic measures, he’s still a loser 2021-01-04T05:00:00Z Economic data so far shows mixed results from that effort, with some sectors gaining at the expense of others, but with little change in the overall U.S. trade deficit for goods and services. Analysis: Trump changed how the U.S. trades - not necessarily as intended 2020-11-02T05:00:00Z The U.S.’s global trade deficit, meanwhile, is substantially higher than it was when Mr. Trump took office. Opinion | The real results of Trump’s trade tariffs 2020-11-01T04:00:00Z Meantime, Biden got it wrong when he said the trade deficit with China is worse now than during the Obama administration. Election 2020 Today: The path to 270 and a focus on Michigan 2020-10-31T04:00:00Z Mr. Stumo said his group’s efforts to persuade the Obama administration of the dangers of an overvalued dollar and a large trade deficit were “the opposite of fruitful.” How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z Under the vaunted “phase one” China deal, for instance, Beijing committed to purchase minimum quantities of certain U.S. goods this year, with the goal of narrowing our trade deficit. Opinion | Even if you judge Trump by his preferred economic measures, he’s still a loser 2021-01-04T05:00:00Z Its economic data also offers little respite, with a huge trade deficit, a COVID-hit tourism sector, double-digit inflation and looming debt repayments. Take Five: Election fever 2020-10-30T04:00:00Z The trade deficit jumped to its highest level in 14 years in August. Factbox: Trump's enduring legacy, from foreign policy to the U.S. judiciary 2020-10-30T04:00:00Z The shift toward goods spending pulled in imports, resulting in a widening of the trade deficit. U.S. economy posts spectacular growth in third-quarter; COVID-19 scarring to last 2020-10-29T04:00:00Z But the political landscape has shifted in recent years, as reflected in Mr. Trump’s rise, and momentum for reining in the dollar and the trade deficit may be building. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z Which is probably reasonable — even if, in other recent recessions, the trade deficit shrank, rather than expanded. Opinion | Even if you judge Trump by his preferred economic measures, he’s still a loser 2021-01-04T05:00:00Z Trump set his sights on shrinking America’s vast trade deficits, portraying them as evidence of economic weakness, misbegotten deals and abusive practices committed by other countries. Trump trade policy: 4 years of high drama. Limited results. 2020-10-27T04:00:00Z The tariffs reduced Chinese imports and helped cut America’s trade deficit with China by 19% last year to its lowest point since 2013. From Beijing to Brussels, Trump’s trade wars at a glance 2020-10-27T04:00:00Z After rising in 2017 the trade deficit with China - the gap between imports and exports - fell sharply after 2018, following tariffs imposed by Washington on Chinese goods. US election 2020: Trump and Biden final debate fact-checked 2020-10-23T04:00:00Z Those who have discussed the dollar and the trade deficit with Mr. Biden’s advisers have gotten the impression that many see it as a problem and are willing to press for action internally. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z Bond buyers are uneasy about soaring government spending by the United States government, a widening trade deficit and falling interest rates, George Saravelos, a bond strategist at Deutsche Bank, said in a research report. Europe Challenges U.S. Treasuries With Pandemic Bond Sale 2020-10-21T04:00:00Z In trade, that usually refers to the trade deficit — that is, America's exports to a country minus its imports. Robert Lighthizer just blew up 60 years of trade policy. Nobody knows what happens ne 2020-10-18T04:00:00Z “Almost four years into his term, he hasn’t proved at all he brought jobs back. There’s the biggest trade deficit with China in history,” added Jones. 'It's all fake': Trump's manufacturing jobs promises ring hollow in midwest 2020-10-16T04:00:00Z The U.S. trade deficit grew in Trump’s first two years in office before dipping to $345 billion last year — on par with 2016. Trump promised to bring China to heel. He didn’t and the result is a pitched conflict between the world’s two major powers. 2020-10-11T04:00:00Z The dollar’s strength over much of the past few decades has bloated the U.S. trade deficit, which roughly tripled as a share of gross domestic product in the late 1990s and has remained high. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z The tariffs against China did cause the trade deficit in goods with China to fall in 2019. AP FACT CHECK: Debate week’s twisted tales on virus, climate 2020-10-10T04:00:00Z The trade deficit with China has barely budged, and it's widened with other countries like Vietnam as American companies responded to tariffs by moving operations elsewhere in the region. Robert Lighthizer just blew up 60 years of trade policy. Nobody knows what happens ne 2020-10-18T04:00:00Z President Donald Trump campaigned on a pledge to bring down America’s persistent trade deficits. US trade deficit up to $67.1 billion in August, 14-year high 2020-10-06T04:00:00Z Despite the complex, structural issues, the two sides hashed out plans for a 100-day window to negotiate a pact to reduce the trade deficit. Trump promised to bring China to heel. He didn’t and the result is a pitched conflict between the world’s two major powers. 2020-10-11T04:00:00Z A country with a young population may run a large trade deficit because young workers tend to consume more than older workers, who are focused on saving for retirement. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z The resulting gap between what the U.S. purchases from other countries and what it sells them — the merchandise trade deficit — hit a monthly record in August. U.S. exporters struggle to gain ground as global recession remains severe 2020-10-04T04:00:00Z "When you see an allyship boiled down to a trade deficit, you know it's not going to work." Robert Lighthizer just blew up 60 years of trade policy. Nobody knows what happens ne 2020-10-18T04:00:00Z But the trade deficit won’t yield easily to changes in trade policy. US trade deficit up to $67.1 billion in August, 14-year high 2020-10-06T04:00:00Z American imports from Vietnam, and the U.S. trade deficit with the country, soared in 2019, largely as a result of Mr. Trump’s trade offensive against China. Trump Administration Opens Investigation Into Vietnam’s Trade Practices 2020-10-02T04:00:00Z To date, a major obstacle to action on currency and the trade deficit has been resistance from senior economic policymakers in the U.S. government. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z The president has long vowed to close the trade deficit, which he assails as a direct transfer of wealth from Americans to foreigners. U.S. exporters struggle to gain ground as global recession remains severe 2020-10-04T04:00:00Z But he claimed the U.S. trade deficit with China is higher now, which is false. Opinion | The Trump-Biden debate showed how broken our China discussion has become 2020-10-01T04:00:00Z A separate report from the Commerce Department on Tuesday showed the trade deficit in goods widened in August, with imports surging as businesses rebuild inventories which were depleted early in the pandemic. U.S. consumer confidence posts biggest gain in 17 years; downside risks remain 2020-09-29T04:00:00Z Stacked against his campaign promises from 2016, Trump's record was mixed on issues including eliminating the trade deficit and locking in 3% annual economic growth. Steady growth to record crash: How the pandemic recast Trump's economic record 2020-09-29T04:00:00Z Some argue that the trade deficit is helping sustain economies abroad during a delicate moment for the global economy. How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar 2021-03-01T05:00:00Z A separate report from the Commerce Department on Tuesday showed the trade deficit in goods increased in August, with imports surging as businesses rebuild inventories, which were depleted early in the pandemic. U.S. consumer confidence surges; goods trade deficit widens 2020-09-29T04:00:00Z Likewise, in July, the overall U.S. trade deficit — which the president says bleeds money and jobs from the U.S. economy — reached its highest level in 12 years. TikTok tussle shows the uneven economic ‘decoupling’ that has accelerated between U.S. and China 2020-09-20T04:00:00Z They give Trump credit, although he inherited a healthy 4.7% unemployment rate and the trade deficit with Mexico on goods had jumped to $101 billion last year — higher than in any year under Obama. Politics creates economic illusion in Houdini’s hometown 2020-09-15T04:00:00Z They give Trump credit, although he inherited a healthy 4.7% unemployment rate and the trade deficit with Mexico on goods had jumped to $101 billion last year - higher than in any year under Obama. Politics creates economic illusion in Houdini’s hometown 2020-09-16T04:00:00Z Most economists paid little attention to the trade deficit before Trump ran for office. Analysis | The Trump vs. Obama economy — in 16 charts 2020-09-05T04:00:00Z Result: The economy today is more juiced by federal debt than at any time since World War II. He promised to eliminate trade deficits; he has grown them instead. Opinion | Trump must think autoworkers are stupid 2020-09-11T04:00:00Z The trade deficit is larger now than it was in Obama’s last year in office. Opinion | ‘I Keep My Promises,’ Trump Said. Let’s Check. 2020-09-05T04:00:00Z Donald Trump promised on the campaign trail in 2016 that, if elected president, he would bring about a rapid and unprecedented decline in the U.S. trade deficit. Trade deficit soars to 12-year high despite Trump's promises to wipe it out 2020-09-05T04:00:00Z The US trade deficit also expanded to the widest level since 2008, a troubling sign that US-China tensions are about to heat up even further. Stock markets tumble as investors sell off tech stock amid US job fears 2020-09-03T04:00:00Z What happened instead is the overall trade deficit in 2018 was the largest in a decade. Analysis | The Trump vs. Obama economy — in 16 charts 2020-09-05T04:00:00Z The strength of China’s export machine complicates the Trump administration’s push to reduce the trade deficit — the gap between what the United States exports and what it imports. Trump’s Tariffs? Coronavirus? China’s Exports Are Surging Anyway 2020-08-31T04:00:00Z He said he would eliminate America's trade deficit and bring millions of jobs back from China, Mexico and elsewhere. Perspective | Trump was too focused on white men to make the economy truly great 2020-08-20T04:00:00Z In a separate report on Wednesday, the Commerce Department said the goods trade deficit dropped 6.1% to $70.6 billion last month. U.S. housing market pushes ahead, trade flows improve 2020-07-29T04:00:00Z But Mr. Trump sees those purchases as crucial to narrowing the U.S. trade deficit and boosting the fortunes of farmers and businesses, and thus his re-election prospects. Once a Source of U.S.-China Tension, Trade Emerges as an Area of Calm 2020-07-25T04:00:00Z He said the trade deal “constitutes a great accomplishment benefiting all three nations and our peoples,” and sounded like Mr. Trump as he railed against aggregate annual trade deficits of $611 billion in North America. Trump, Mexican president pledge closer cooperation on heels of new trade deal 2020-07-08T04:00:00Z Lebanon imports most of its basic needs as well as expensive luxury goods, racking up a huge trade deficit. Lebanese major retailers to shut down amid economic crisis 2020-07-02T04:00:00Z “On the negative side we have the trade deficit, which shot up, and which indicates slower economic activity.” June U.S. payrolls rise sets record amid virus reopenings 2020-07-02T04:00:00Z Though the smaller goods trade deficit is a boost in the calculation of gross domestic product, it was offset by continued decreases in retail and wholesale inventories. U.S. housing market pushes ahead, trade flows improve 2020-07-29T04:00:00Z After the Trump administration spent three years trying to shave a couple hundred billion dollars off the trade deficit, the coronavirus pandemic has easily cost the U.S. economy several trillion dollars. Opinion | Trump’s China hawks are loose and not wasting any time 2020-06-25T04:00:00Z Mr. Trump had waged his fight to try to eliminate the trade deficit with China and bring manufacturing back to the United States. Trump’s Trade Appeals to China Still Left Farmers Reeling 2020-06-19T04:00:00Z He exaggerated the trade deficit with China as $500 billion a year. Trump’s False Claim That ‘Nobody Has Ever Done’ More for the Black Community Than He Has 2020-06-05T04:00:00Z Despite’s March’s increase, the so-called real goods trade deficit narrowed sharply in the first quarter. U.S. trade deficit widens, services sector contracts amid coronavirus 2020-05-05T04:00:00Z While declining imports helped narrow the trade deficit and contributed at least two percentage points to GDP last quarter, that probably meant no inventory was accumulated. Coronavirus likely hammered U.S. economy in first quarter 2020-04-29T04:00:00Z In a separate report on Tuesday, the Commerce Department said the goods trade deficit increased 7.2% to $64.2 billion last month. U.S. consumer confidence, exports sink amid coronavirus disruptions 2020-04-28T04:00:00Z “We’d like to run the biggest trade deficit we could possibly find.” A New Front for Nationalism: The Global Battle Against a Virus 2020-04-10T04:00:00Z On Thursday, the U.S reported that the trade deficit tumbled in February to the lowest level since 2016 as exports fell and imports fell more. Outbreak: bankruptcies, layoffs, quiet skies and empty rails 2020-04-02T04:00:00Z In the past, collapsing oil, natural gas and gasoline prices were a boon to the economy, helping consumers and lowering the trade deficit. Markets Plunge as a Global Recession Appears Almost Inevitable 2020-03-16T04:00:00Z “The risk of a trade deficit jump later in the year, as the China tries to export its way to a V-shaped recovery, has blocked them.” Clamor grows for Trump to cut China tariffs in coronavirus response 2020-03-13T04:00:00Z That's not great news for the president trying to correct the U.S. trade deficit. Analysis | The Energy 202: Oil glut on coronavirus may sink Trump's 2020 message of 'energy dominance' 2020-03-10T04:00:00Z President Trump has long obsessed over the trade deficit with China as a supposed scorecard of American victimization. A New Front for Nationalism: The Global Battle Against a Virus 2020-04-10T04:00:00Z That left China with a trade deficit of 42.59 billion yuan in the first two months of the year, according to Reuters calculations based on customs data. China January-February yuan-denominated exports slump 15.9%, imports down 2.4% 2020-03-07T05:00:00Z President Donald Trump campaigned against America’s persistent trade deficits — especially the vast gap with China — calling them the result of abusive practices by U.S. trading partners and bad trade agreements negotiated by his predecessors. US trade deficit narrows to $45.3 billion in January 2020-03-06T05:00:00Z It’s a war that started due to British merchants illegally smuggling and selling highly addictive opium to try to balance their trade deficit for luxury goods from China. Lionkiller turns the legend of Mulan into an interactive story during the Opium Wars 2020-03-01T05:00:00Z Other data released Friday showed that the goods trade deficit contracted sharply last month as imports and exports both declined. Navy’s newest Virginia-class submarines are expected to be 10 to 15 months late 2020-02-28T05:00:00Z Other data on Friday showed the goods trade deficit contracted sharply in January, with both imports and exports declining. U.S. consumer spending slows in January; income surges 2020-02-28T05:00:00Z The decrease in imports in the fourth quarter, in part because of U.S. tariffs on Chinese goods, compressed the trade deficit. U.S. fourth-quarter GDP unrevised; weakness in business spending persists 2020-02-27T05:00:00Z Last year, the U.S. trade deficit dropped for the first time in six years. US trade deficit narrows to $45.3 billion in January 2020-03-06T05:00:00Z The U.S. trade deficit with India reached $24.1 billion last year, according to statistics compiled by S&P Global. Trump’s India trip mixes politics with policy, and offers the promise of his biggest rally yet 2020-02-21T05:00:00Z The U.S. runs a trade deficit with India of about $25 billion, according to the U.S. Trump says Modi expects massive crowds during India visit 2020-02-18T05:00:00Z The trade deficit for both goods and services fell to $616.8 billion in 2019, down $10.9 billion from the previous year, according to data released by the Commerce Department on Wednesday. U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z The goods trade deficit with Mexico jumped to a record high of $101.8 billion last year. U.S. trade deficit shrinks in 2019 for first time in six years 2020-02-05T05:00:00Z But the goods trade deficit with Mexico jumped to a record high of $101.8 billion last year. U.S. trade deficit falls in 2019 for the first time in six years 2020-02-05T05:00:00Z Mainstream economists argue that trade deficits are largely the result of a big economic reality that doesn’t respond much to changes in trade policy: Americans spend more than they produce, and imports fill the gap. US trade deficit drops 1.7% last year to $616.8 billion 2020-02-05T05:00:00Z When a nation buys more things from abroad than it sells — the definition of a trade deficit — it pushes down G.D.P. U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch 2020-01-30T05:00:00Z Soaring domestic oil production was a major factor in the shrinking trade deficit, cutting into imports of foreign crude oil by $30.3 billion last year. U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z Although the U.S. trade deficit with China declined last year through November, the drop was due to fracking-induced U.S. oil exports, Scott said. California lost more manufacturing jobs to China than any other state, report says 2020-01-30T05:00:00Z For the October-December quarter, growth was supported by solid but slower consumer spending and an improvement in the trade deficit. US economy grew at moderate 2.1% rate in fourth quarter 2020-01-30T05:00:00Z The forecast was, however, made before Wednesday’s advance reports showing a sharp widening in the goods trade deficit in December as well as a drop in wholesale inventories. U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019 2020-01-30T05:00:00Z President Donald Trump campaigned in 2016 on ripping up trade deals that he said added to the nation’s trade deficit and cost the country manufacturing jobs. Canada to approve new NAFTA free trade deal next week 2020-01-21T05:00:00Z Data released Wednesday morning showed the trade deficit in goods with Mexico increased $21.1 billion last year to a record $101.8 billion, as the United States brought in more goods from its southern neighbor. U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z Only rebalancing exchange rates between the U.S. and other currencies will reduce the trade deficit, he said. California lost more manufacturing jobs to China than any other state, report says 2020-01-30T05:00:00Z They see trade deficits as a sign of failure in trading relationships, though most economists disagree. Trump’s Next Trade Fight Could Be With Europe 2020-01-16T05:00:00Z The White House claimed that slashing the corporate tax rate to 21% from 35%, as well as shrinking the trade deficit would boost annual GDP growth to 3.0% on an sustainable basis. U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019 2020-01-30T05:00:00Z Trump declined, instead castigating Europe for running trade deficits with the United States. Opinion | Why Trump caved on China 2020-01-16T05:00:00Z But most economists argue that the trade deficit is a poor metric for measuring the health of the economy or America’s trading relationships. U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z Growth estimates for the fourth quarter are as high as a 2.5% rate, in part because of a drop in imports, which compressed the trade deficit. U.S. retail sales rise steadily; weekly jobless claims fall 2020-01-16T05:00:00Z In 2018, the most recent year for which full data is available, the U.S. merchandise trade deficit with China topped $419 billion, according to the Census Bureau. Trump signs partial economic deal with China, calls trade pact a ‘momentous step’ 2020-01-15T05:00:00Z Support is also expected from a sharp drop in imports in the fourth quarter, in part because of U.S. tariffs on Chinese goods, which compressed the trade deficit. U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019 2020-01-30T05:00:00Z The two sides fail to agree on new steps to reduce the U.S. trade deficit with China within 100 days. Timeline: Key dates in the U.S.-China trade war 2020-01-15T05:00:00Z When petroleum products are excluded, the United States trade deficit in goods actually rose compared with the year before. U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z A wide trade deficit can actually reflect economic strength because it means that a nation’s consumers feel prosperous and confident enough to spend freely — on imported goods as well as on home-grown goods. US-China pact signing to ease tension but leave much undone 2020-01-14T05:00:00Z A wide trade deficit can actually reflect economic strength because it means that a nation’s consumers feel prosperous and confident enough to spend freely - on imported goods as well as on home-grown goods. US-China pact signing to ease tension but leave much undone 2020-01-14T05:00:00Z Economists believe the smaller trade deficit probably added as much as 1.9 percentage points to GDP growth in the fourth quarter. U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019 2020-01-30T05:00:00Z Deputy Trade Minister Do Than Hai said he expected the expansion would reduce Vietnam’s reliance on imported vehicles and therefore lower the country’s trade deficit. Ford invests $82 million to expand Vietnamese plant 2020-01-14T05:00:00Z Speaking at an event at George Washington University on Tuesday, Janet L. Yellen, the former Federal Reserve chair, said that the bilateral trade deficit between the United States and China was “not the proper focus.” U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z Commerce data released on Tuesday showed the overall U.S. trade deficit narrowed to a more than three-year low in November. Trump's tariffs cost U.S. companies $46 billion to date, data shows 2020-01-09T05:00:00Z At £675bn, today’s export total is stuck far below his target while the UK’s trade deficit continues to balloon. It’s 2020 – so where’s the paradise politicians promised us? | Aditya Chakrabortty 2020-01-09T05:00:00Z U.S. financial markets were little moved by the decline in the trade deficit, which was flagged in an advance report published last week. Falling imports push U.S. trade deficit to three-year low 2020-01-07T05:00:00Z The so-called real trade deficit so far in the fourth quarter is below the average for the July-September period. U.S. trade deficit drops to more than three-year low 2020-01-07T05:00:00Z Economists say this method of measurement may exaggerate the trade deficit with China, perhaps by as much as one-third. U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z “Trump promised he would substantially reduce the trade deficit, stop the outsourcing of American jobs, and rip up NAFTA. He lied about all three,” Sanders said in a statement. AT&T touted worker bonuses after $3 billion Trump tax cut. Now it’s outsourcing thousands of jobs 2019-12-31T05:00:00Z China agreed to "significantly increase" its purchase of US goods to help reduce America's trade deficit and Treasury Secretary Steve Mnuchin declared that the trade war was "on hold". What were the top business stories of 2019? 2019-12-30T05:00:00Z We’ve gone from trade surpluses to trade deficits, a reflection of the fact that our factory floors had moved to Asia and Mexico. How America broke up with the Democratic Party 2019-12-18T05:00:00Z The goods trade deficit in November was the smallest since October 2016. U.S. trade deficit drops to more than three-year low 2020-01-07T05:00:00Z Some analysts do see a victory for the United States in the falling trade deficit with China: those in Washington who see China as an increasing national security threat. U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning 2020-02-05T05:00:00Z That’s problematic for a president who has suggested a rising trade deficit is a sign of presidential incompetence. Analysis | The biggest Pinocchios of 2019 2019-12-13T05:00:00Z The purchases include manufactured goods, agricultural goods, energy and services, and are expected to reduce the $419 billion U.S. trade deficit with China, officials said. Factbox: What's in the U.S.-China 'phase one' trade deal 2019-12-13T05:00:00Z Inventory accumulation helped to raise economic growth to a 2.1% annualized rate in the third quarter, offsetting the drag to GDP from a wider trade deficit. U.S. business inventories rebound in October 2019-12-13T05:00:00Z He also vowed to close the yawning trade deficit, saying it represented a direct annual loss to the U.S. economy of hundreds of billions of dollars. Trump is reshaping U.S. trade policy, but not at the scale he long promised 2019-12-10T05:00:00Z Lebanon imports most of its basic needs, including wheat, petrol and medicine, leading to a huge trade deficit. Lebanese PM asks friendly nations for credit amid crisis 2019-12-06T05:00:00Z Trump also often claims that the trade deficit is going down because of “tariff money” he’s collected, but that’s also poppycock. Analysis | The biggest Pinocchios of 2019 2019-12-13T05:00:00Z The drop in the so-called real trade deficit is positive for the calculation of gross domestic product. U.S. trade deficit narrows to 1-1/2-year low on weak imports, exports 2019-12-05T05:00:00Z President Donald Trump promised to shake up global trade and bring down America’s growing trade deficits. Trump has upended relationships with nine of 10 top U.S. trading partners 2019-12-03T05:00:00Z His main supporting evidence is the trade deficit - the US buys more than it sells internationally. What Trump wants from global trade 2019-11-27T05:00:00Z In the first nine months of this year the United States recorded a $17.4 billion trade deficit with Taiwan. Taiwan to buy more from U.S. as seeks to head off currency manipulator label: sources 2019-11-25T05:00:00Z Trump really, really, really wants trade deficits to decline. Analysis | The biggest Pinocchios of 2019 2019-12-13T05:00:00Z Candidate Donald Trump railed against America’s chronic trade deficits, vowing to eliminate them if he became president. We’re losing Trump’s trade war 2019-11-15T05:00:00Z The U.S. tariffs on Chinese exports will not fundamentally resolve its trade deficit, which is caused by the high U.S. government debt ratio and a low household savings rate, he said. China-U.S. trade war to ease but conflicts will persist - former finance minister 2019-11-09T05:00:00Z While the trade deficit in goods and services in September narrowed from the previous month to $52.5 billion, both imports and exports of goods to China ticked down as the new levies went into effect. Trump Vowed to Shrink the Trade Gap. It Keeps Growing. 2019-11-05T05:00:00Z It had little to offer Trump, whose foreign policy focus was reversing the U.S. trade deficit. A presidential loathing for Ukraine is at the heart of the impeachment inquiry 2019-11-02T04:00:00Z But the trade deficit he labeled a threat to American prosperity is bigger than ever. In manufacturing Midwest, signs of trouble amid good times 2019-10-29T04:00:00Z The trade deficit was probably less of a drag on GDP growth last quarter. U.S. economy likely lost further ground in third quarter 2019-10-30T04:00:00Z The steeper decline for imports unexpectedly narrowed the merchandise trade deficit to $70.4 billion, from $73.1 billion in August, according to Commerce Department data released Monday. U.S. exports, imports declined in September 2019-10-28T04:00:00Z They say the trade deficit continues to widen largely because the United States is growing faster than other countries, leading to greater purchases of foreign products by Americans and slowing sales abroad. Trump Vowed to Shrink the Trade Gap. It Keeps Growing. 2019-11-05T05:00:00Z The Finance Ministry said the trade deficit in September totaled $1.1 billion, a third consecutive month of red ink. Japan exports fall for 10th straight month in September 2019-10-20T04:00:00Z He decried the massive U.S. merchandise trade deficit as a drain on economic growth and made seven promises that he said would end an era of “economic surrender.” In manufacturing Midwest, signs of trouble amid good times 2019-10-29T04:00:00Z By focusing on the economically irrelevant bilateral U.S.-China trade deficit, he distracted from China’s serious trade abuses. Editorial Roundup: Excerpts from recent editorials 2019-10-16T04:00:00Z The influx of central bank money ended the recession, shrank unemployment, even revived the United States’ gargantuan trade deficit to its pre-2008 levels. A recession is coming. When it does, we need to demand a Green New Deal | Yanis Varoufakis and David Adler 2019-10-14T04:00:00Z The trade deficit has ballooned to nearly $60 billion in China’s favor. They Run the World’s Biggest Countries. Their Talk Won’t Be Easy. 2019-10-11T04:00:00Z It is a possibility Mr. Trump himself has periodically raised with aides while complaining about trade deficits. When ‘Get Out’ Is a President’s National Security Strategy 2019-10-07T04:00:00Z After all, America runs a large trade deficit in manufactured goods, so you might expect that tariffs, by forcing buyers to turn to domestic suppliers, would be good for the sector. Here comes the Trump slump 2019-10-06T04:00:00Z Trump views America’s persistent trade deficits as a sign of economic weakness and the result of unfair trade agreements. US trade deficit widened in August to $54.9 billion 2019-10-04T04:00:00Z Japanese and U.S. leaders signed a trade agreement that would allow more American imports into Japan and reduce the U.S. trade deficit. Japan govt welcomes pact, automakers urge more effort 2019-09-25T04:00:00Z The two leaders did not mention Trump’s previous threats to impose U.S. tariffs on Japanese autos, the biggest source of the $67 billion trade deficit with Japan. Japan trade deal opens markets for $7 billion in U.S. products: Trump 2019-09-25T04:00:00Z But the limited trade deal is not expected to include changes to tariffs and trade rules governing autos, the biggest source of the $67.6 billion U.S. trade deficit with Japan. U.S.-Japan trade deal hits snag as Tokyo seeks assurances on car tariffs 2019-09-23T04:00:00Z The Trump administration is also pressing to eliminate the American trade deficit with India, a goal that the Indians consider unrealistic. With India, Trump Practices the Art of the Mini-Deal 2019-09-20T04:00:00Z For India, it's also an opportunity to bring down the trade deficit with the United States - a major issue for Mr Trump. Trump is off to a rally... but this time it's someone else's 2019-09-20T04:00:00Z Now, the United States has essentially no trade deficit in energy, according to J.P. The looming crisis in the Middle East should remind us of the importance of fracking - The Washington Post 2019-09-16T04:00:00Z “It’s not fake, but it’s not a fundamental solution” to address the huge U.S. trade deficit with Japan, said one of the officials familiar with the negotiations. Deadline looming, Japan struggles to elude Trump tariff threat 2019-09-09T04:00:00Z And the United States, which runs chronic trade deficits with most of its major trading partners, reported a trade surplus - $18.6 billion worth - with Britain in 2018. AP Analysis: US seeks trade deal with a post-Brexit Britain 2019-09-07T04:00:00Z Trump has pledged to overhaul America’s trade relationship with the world, reduce trade deficits and open up more markets to U.S. exports. Farm loan delinquencies surge in U.S. election battleground Wisconsin 2019-09-05T04:00:00Z If Trump wanted to argue that the trade deficit isn’t especially important, that would be fine, since it really isn’t especially important. Trying to shrink the trade deficit, Trump ends up making it bigger 2019-09-04T04:00:00Z On the data front, a report from the Commerce Department is expected to show U.S. trade deficit in July narrowed to $53.5 billion from $55.2 billion in June. Stock futures higher as robust Chinese data eases growth worries 2019-09-04T04:00:00Z The fundamental issues at stake are legitimate and recognized as such around the globe — the U.S. trade deficit with China, intellectual property rights and market access to China. When China negotiations drag on, Japan is ripe for a trade deal 2019-09-02T04:00:00Z He still backs the Trump administration’s efforts to negotiate new trade deals because he wants someone to stand up against unfair trade practices and make up for a trade deficit with China. Farmer fatigue: Some Ohio Valley farmers tire of trade war 2019-09-01T04:00:00Z The GDP report showed the trade deficit widened to $982.5 billion in the second quarter, instead of $978.7 billion as reported last month. U.S. second-quarter GDP growth revised to 2.0% 2019-08-29T04:00:00Z Axios’ report on this, published yesterday, added that the U.S. trade deficit covering the first six months of 2019 is “even bigger than in the last two years.” Trying to shrink the trade deficit, Trump ends up making it bigger 2019-09-04T04:00:00Z He cited China’s theft of intellectual property and the large U.S. trade deficit with China, saying “in many ways that’s an emergency.” Trump admits ‘second thoughts about everything’ on China trade war 2019-08-25T04:00:00Z He cited China’s theft of intellectual property and the large U.S. trade deficit with China, saying “in many ways that’s an emergency.” Trump wields powerful, obscure federal law in China trade ‘order’ 2019-08-25T04:00:00Z And exacerbating trade deficits, which do not matter other than as irritants to Trump, who thinks they indicate that foreigners are taking advantage of Americans by selling them things they want. Opinion | Trump’s trade war shows the reality of ‘America First’ in action 2019-08-23T04:00:00Z The U.S. trade deficit with Vietnam was $39.5 billion in 2018 and is expected to widen further as many American companies move production into the country to avoid the trade war with China. On-off trade tariffs wreak havoc on U.S. company planning 2019-08-23T04:00:00Z Ordinarily, I wouldn’t consider a widening trade deficit especially notable. Trying to shrink the trade deficit, Trump ends up making it bigger 2019-09-04T04:00:00Z As my colleague Heather Long noted Tuesday, the U.S. trade deficit has actually grown during Trump’s presidency: Analysis | The Finance 202: Here are eight reasons to be skeptical of Trump's payroll tax cut talk 2019-08-21T04:00:00Z Trump consistently inflates the U.S. trade deficit with China. Fact-checking Trump’s remarks on the economy 2019-08-21T04:00:00Z Mr. Trump suggested on Tuesday that his fight with China would be worth some economic pain — including a brief recession — if it helped reduce America’s $500 billion trade deficit in goods with China. Trump Says He’s Exploring ‘Various Tax Reductions,’ and the Economic Data He Loves Shows Why 2019-08-20T04:00:00Z "He inherited a very imbalanced, non-reciprocal, unfair trade deficit with China. And when I say trade deficit, I mean we've got half a trillion dollars." Kellyanne Conway: Trump is playing long game with China to get better trade deal 2019-08-19T04:00:00Z In the Republican’s mind, a trade deficit is evidence of “lost” money, Trying to shrink the trade deficit, Trump ends up making it bigger 2019-09-04T04:00:00Z The president’s animating drive in his trade offensive has been reducing America’s trade deficits with its key trading partners. Analysis | The Finance 202: Here are eight reasons to be skeptical of Trump's payroll tax cut talk 2019-08-21T04:00:00Z Mr. Trump has a transactional view of China and is focused almost entirely on narrowing the trade deficit. Trump Administration Approves F-16 Fighter Jet Sales to Taiwan 2019-08-16T04:00:00Z The tweet appeared to be referring to the trade deficit with Mexico. Trump reverses ‘easy to win’ outlook on trade war: ‘Never said China was going to be easy’ 2019-08-15T04:00:00Z Team Trump wants to compress the US trade deficit and enhance the competitiveness of domestic manufactures by using tariffs to raise the price of imported goods. Trump foolishly thinks gold standard will usher in a golden age 2019-08-15T04:00:00Z He added that China was using proceeds from the trade deficit to build up their military while senior Chinese officers openly talked about killing Americans. China expert Gordon Chang praises Trump's tariffs: 'The Chinese are now doing things which smell desperate' 2019-08-10T04:00:00Z One obvious, if puzzling, sign that trade continues apace: North Korea ran a $2 billion trade deficit with China last year, according to Chinese customs data. Traders in China prepare for a rush into North Korea. But sanctions still stand in the way. 2019-08-07T04:00:00Z The conflict also reflects the president’s singular focus on reducing trade deficits, which he has argued make the United States a loser in the global trade system. What’s at Risk if the U.S. Stumbles Into a Currency War 2019-08-07T04:00:00Z Trump ran for president howling about the United States’ trade deficit with China as though it was some gaping wound in our national flesh. Editorials from around New York 2019-08-07T04:00:00Z Alarmed by a trade deficit with China, the Republican touched off a trade war. Why Trump's death-penalty focus won't prevent mass shootings 2019-08-07T04:00:00Z The differences between trade deficits and “losing money” matter – and are obvious to those with a basic familiarity with the issue. Remember when Trump said trade wars were 'good' and 'easy to win'? 2019-08-06T04:00:00Z But earlier this year, the United States posted a trade deficit of about $900 billion, setting a record. ‘It could get very serious’: Why some analysts fear a U.S.-China currency war 2019-08-05T04:00:00Z The fight over China’s economy poses several risks, from exacerbating America’s trade deficit to slowing down both nation’s economies. ‘It could be very serious:’ Why some analysts fear a U.S.-China currency war 2019-08-05T04:00:00Z We get something for that trade deficit in goods - which, ahem, hit a record $891 billion in 2018, under Trump’s policies. Editorials from around New York 2019-08-07T04:00:00Z Trump complains of a large trade deficit with China, which he views as a symbol of the US’s decline as a manufacturing powerhouse. Markets fall sharply amid fears of full-scale US-China currency war 2019-08-05T04:00:00Z But huge trade deficits represent supplies of foreign workers entering the United States market from afar with no commensurate rise in foreign demand for what American workers produce. Opinion | The Communal Power of a Real Job 2019-08-03T04:00:00Z But after more than a year of the most aggressive use of tariffs by an American president since Herbert Hoover, the total trade deficit continues to widen. Trump’s new tariffs take aim at heart of the U.S. economy: Consumers 2019-08-02T04:00:00Z But earlier this year, the U.S. posted an approximately $900 billion trade deficit, setting a new record. ‘It could be very serious:’ Why some analysts fear a U.S.-China currency war 2019-08-05T04:00:00Z He also wants to cut America's trade deficit with China, which he says is hurting US manufacturing. Stock markets drop on new Trump China tariffs 2019-08-02T04:00:00Z The resulting trade deficits have erased millions of U.S. factory jobs, they say. Trump not alone in seeking lower dollar, as lawmakers unveil foreign investor tax 2019-07-30T04:00:00Z This past week, Mr. Hawley and Ms. Baldwin co-sponsored legislation that would require the Federal Reserve to close the trade deficit by taxing foreign purchases of American assets. Opinion | The Communal Power of a Real Job 2019-08-03T04:00:00Z Trump says the tariffs are designed to persuade the Chinese to shrink the trade deficit by buying more American products, and to make fundamental changes in their state-led economic system. Trump’s new tariffs take aim at heart of the U.S. economy: Consumers 2019-08-02T04:00:00Z America’s trade deficit with China is projected to balloon over the next several years, said Robert Scott, an economic expert at the Economic Policy Institute, a left-leaning think tank. ‘It could be very serious:’ Why some analysts fear a U.S.-China currency war 2019-08-05T04:00:00Z The overall economy slowed to a growth rate of 2.1 percent in the April-June quarter, from 3.1 percent in the first quarter, as the trade deficit widened and businesses cut back on capital investment. Consumer spending up in June as incomes also gain, Commerce Dept. reports 2019-07-30T04:00:00Z They export their national savings to the United States, which consumes more than it produces and runs a trade deficit. Trump not alone in seeking lower dollar, as lawmakers unveil foreign investor tax 2019-07-30T04:00:00Z This spending strength was offset by a widening of the trade deficit and slower business inventory rebuilding, which together pared GDP by 1.5 percentage points. US economy slowed to 2.1% growth rate in second quarter 2019-07-26T04:00:00Z Other data on Thursday showed the goods trade deficit narrowed last month as imports and exports declined, suggesting the trade war between the United States and China was hurting the flow of trade. U.S. business investment picking up; goods trade deficit narrows 2019-07-25T04:00:00Z Manufacturing is struggling, the trade deficit is widening again and the housing market remains weak, partially offsetting strong consumer spending. U.S. labor market still strong; mid-Atlantic factory activity rebounds 2019-07-18T04:00:00Z Pakistan faces dangerously low foreign reserves, a tax base of barely 1% of its population, crushing trade deficits and a hefty defense budget. Pakistani businesses on strike over new IMF-backed taxes 2019-07-13T04:00:00Z He has secured new trade deals with South Korea and Canada and Mexico, but the trade deficit last year hit a record $891 billion. Trump not alone in seeking lower dollar, as lawmakers unveil foreign investor tax 2019-07-30T04:00:00Z Manufacturing is struggling, the trade deficit is widening again, consumer spending is rising moderately and the housing sector remains mired in a soft patch. U.S. underlying inflation firming; labor market tightening 2019-07-11T04:00:00Z Inflation reached 9 percent and exports stagnated, leaving Pakistan with a trade deficit of over $30 billion. Hit by inflation, debt and falling currency, Pakistan tries to tax the rich 2019-07-04T04:00:00Z Manufacturing and the housing market are struggling and the trade deficit is widening again. U.S. job growth seen accelerating, rate cut still expected 2019-07-05T04:00:00Z The wider trade deficit reported by the Commerce Department on Wednesday added to weak housing, manufacturing, business investment and moderate consumer spending in suggesting that economic growth slowed in the second quarter. U.S. trade deficit at five-month high; labor market slowing 2019-07-03T04:00:00Z The wider trade deficit added to weak housing, manufacturing, business investment and moderate consumer spending in offering a downbeat assessment of the economy. U.S. trade deficit surges to five-month high as imports soar 2019-07-03T04:00:00Z A report from the Census Bureau is likely to show international trade deficit widened to $54 billion in May from $50.8 billion in April. Futures eke out gains as bond yields tumble on growth fears 2019-07-03T04:00:00Z In addition, the housing market is struggling and the goods trade deficit widened in May. U.S. factory activity falls to more than two-and-a-half-year low 2019-07-01T04:00:00Z The president prioritizes reducing the U.S. trade deficit more than potential vulnerabilities in U.S. networks, he said. China hawks fear Trump is ready to deal on Huawei 2019-06-27T04:00:00Z Tokyo and Washington are engaged in difficult trade talks as Trump’s administration seeks to lower the U.S. trade deficit. Trump says to talk trade with Japanese leader Abe at G20 2019-06-27T04:00:00Z The increase in the so-called real goods trade deficit suggests that trade could be a drag on second-quarter gross domestic product. U.S. trade deficit surges to five-month high as imports soar 2019-07-03T04:00:00Z For example, Beijing appears willing to buy more U.S. goods and thereby narrow America’s gaping trade deficit with China - a perennial complaint of Trump - which hit a record $381 billion last year. US to China: Fix tech policies. China’s retort: Drop tariffs 2019-06-27T04:00:00Z Revisions to the trade deficit and inventory accumulation were minor. U.S. economy accelerated in first quarter, but momentum fading 2019-06-27T04:00:00Z Trump persistently mischaracterizes trade in all its dimensions, giving the wrong numbers for trade deficits, asserting that tariffs did not exist before him, and portraying them inaccurately as a windfall for the government and taxpayers. AP FACT CHECK: Trump’s distortions on tariffs, poverty 2019-06-26T04:00:00Z The wider goods trade deficit will likely subtract from GDP growth in the second quarter. Boeing looms large over struggling U.S. manufacturing sector 2019-06-26T04:00:00Z Even if the Osaka meeting revives negotiations, the path to a deal that resolves Trump’s complaints about China’s coercive technology-transfer policies, theft of trade secrets and ballooning trade deficit remains a long one. At G-20 summit, Trump and Xi try to reach a deal without giving away too much 2019-06-25T04:00:00Z “China is a major competitor,” Trump told reporters this month, blaming the Obama administration with contributing to a U.S. trade deficit that last year reached $420 billion. On campaign trail, Trump and Biden clash over China as trade war deepens 2019-06-23T04:00:00Z But momentum is slowing, with manufacturing struggling, the trade deficit widening again and the housing sector still mired in a soft patch. U.S. economy accelerated in first quarter, but momentum fading 2019-06-27T04:00:00Z As a candidate, Trump campaigned on reforming trade policy, attacking in particular the large trade deficit with China and the “disastrous” North American Free Trade Agreement with Canada and Mexico. Trump-Xi meeting this week could head off a global recession or worsen outlook 2019-06-24T04:00:00Z |
| 随便看 |
英语例句辞典收录了117811条英语例句在线翻译词条，基本涵盖了全部常用单词及词组的例句翻译及用法，是英语学习的有利工具。