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...
by Hannah Miller | Mar 29, 2019 | Economy, Featured, International Trade
The United States’ trade deficit narrowed in January because of a steep drop in imports from China, but this improvement may only be temporary. The latest data from the Commerce Department showed that the deficit shrunk 15 percent from a decade-high in December to...
by Hannah Miller | Mar 11, 2019 | Economy, Featured, International Trade
The United States’ deficit in goods hit an all-time of $891.3 billion in 2018 because of President Donald Trump’s trade war-inducing tariffs and a growing economy that increased consumer spending on imports. Data from the Commerce Department showed that between 2017...
