by David Westenhaver | Mar 10, 2022 | Economy, International Trade
The U.S. trade ran its biggest deficit in history in January, a sign that American consumers are faring better than their overseas counterparts and continuing to purchase record numbers of goods. The total deficit, which measures the difference between U.S. exports...
by Cheyenne Ligon | Mar 8, 2021 | Economy, International Trade
By CHEYENNE LIGON The U.S. international trade deficit widened slightly in January as American demand for imports outpaced the recovery of U.S. exports. The trade deficit climbed to $68.2 billion in January, up from $67 billion last December, according to the monthly...
by Hafsa Quraishi | Apr 2, 2020 | Economy, Featured, International Trade
The United States Bureau of Economic Analysis (BEA) will release February’s report on the international trade deficit in goods and services on Wednesday. In this report, the preliminary effects of the coronavirus should be seen but the U.S. won’t know it’s true impact...
by Hafsa Quraishi | Mar 11, 2020 | Economy, Featured, International Trade
The United States’ international trade deficit narrowed in January, as both imports and exports fell, and the spread of the coronavirus outbreak is likely to lead to a further slowdown. The trade gap fell 6.7% in January to $45.3 billion from a revised December number...
by Hafsa Quraishi | Feb 14, 2020 | Economy, Featured, International Trade
The United States’ international trade deficit shrank last year for the first time since 2013, as the U.S.-China trade war reduced imports and slowed global trade — but the trend will likely reverse this year as the market returns to normal. The U.S. trade...
by Hannah Miller | Apr 16, 2019 | Economy, Featured, International Trade
This Wednesday, the Commerce Department will publish the February data on the United States’ international trade in goods and services. This latest release comes just three weeks after the January report, which was delayed due to the government shutdown. Here are five...