by D Escamillafuentes | Apr 3, 2024 | Economy, International Trade
Economists surveyed by Bloomberg expect a modest shrinkage in the deficit, from February’s number of $67.4 billion to $67.28 billion for April’s report. The last two international trade reports have shown that U.S. consumer spending remains strong. In February, the...
by D Escamillafuentes | Apr 3, 2024 | Economy, Featured, International Trade
When India implemented a 20% tariff on top of an existing 50% tariff on U.S. apples in June 2019, Brian Norwood saw a major drop in the exportation of Washington state apples to India. Before the additional tariffs were enacted, Brian Norwood, export sales manager for...
by D Escamillafuentes | Mar 20, 2024 | Economy, Featured, International Trade
The U.S. trade deficit for the month of January surprised economists by increasing more than expected in a sign that the economy continues to be strong. The trade deficit in goods and services rose by $3.3 billion or 5.1%, to $67.4 billion in January, according to...
by D Escamillafuentes | Feb 13, 2024 | Featured, International Trade
The U.S. trade deficit increased in December proving that the U.S. economy, especially consumer spending, remains strong. The trade deficit for goods and services in December grew to $62.2 billion, increasing by $0.3 billion over the revised November figure of $61.9...
by David Westenhaver | May 23, 2022 | Economy, Featured, International Trade, Jobs, Newest
Robert Miller, the president and founder of Travel Advocates, was on pace for his best year ever when Covid hit. His business, which helps large groups book travel and accommodations throughout the country, earned two-thirds of its revenue from foreigners traveling to...
by David Westenhaver | May 3, 2022 | Economy, Featured, International Trade
The last two international trade reports have shown the US trade deficit holding at a record high. Tomorrow, the latest report will be released. Economists surveyed by Bloomberg expect the deficit to hit a new record, likely over $100 billion, compared with about $89...
