By Lucia Mutikani WASHINGTON, Jan 9 (Reuters) – The U.S. trade deficit unexpectedly narrowed in November as imports of consumer goods fell to a one-year low amid slowing domestic demand, a trend…
https://gcaptain.com/us-trade-deficit-shrinks-on-falling-imports/
By Ana Monteiro (Bloomberg) The U.S. merchandise-trade deficit unexpectedly widened in December to a fresh record as imports continued to rise, outpacing shipments overseas. The gap increased to $101 billion…
By Vince Golle (Bloomberg) — The U.S. trade deficit widened to a record in June, consistent with a rush by domestic importers to meet business investment and household spending. The gap…
By Augusta Saraiva and Eric Martin (Bloomberg) — The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports. The gap in trade of…
By Lucia Mutikani WASHINGTON, May 4 (Reuters) – The U.S. trade deficit jumped to a record high in March amid roaring domestic demand, which is drawing in imports, and the gap could…
By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the third-biggest on record in January as imports surged to the highest since mid-2019. The gap in trade of goods…
Port of Los Angeles Executive Director Gene Seroka called for a national export program to narrow the trade gap between the United States and China during an appearance on CNBC’s “Squawk Box Asia” this week.
“We are now at five imports to every export and that’s the widest trade gap we’ve witnessed at the Port of Los Angeles in some time,” Seroka told hosts Rosanna Lockwood and Sri Jegarajah on Thursday.
He said that import-export imbalance puts pressure on the port’s service providers and does...
https://s29755.pcdn.co/news/port-of-las-seroka-calls-for-us-focus-on-exports
The gap between Kenya’s imports and exports widened in the first two months of the year to Sh192 billion from Sh175 billion in the same period last year, official records show.
Latest Central Bank of Kenya (CBK) data indicates export earnings dropped from Sh110.7 billion to Sh104 billion blamed on poor earnings from tea. By comparison, import bills grew slightly by 3.4 percent to a record Sh296 billion, highlighting growing appetite for foreign goods. This comes as Pakistan ceded its first...
The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost.
The deficit in goods and services narrowed to $51.1 billion, the Commerce Department said Wednesday (March 27), smaller than the median estimate of economists. Imports fell 2.6 percent while exports rose 0.9 percent. The merchandise-trade gap with China — the target of President...
The U.S. trade deficit jumped nearly 19 percent in December, pushing the trade imbalance for all of 2018 to widen to a decadelong high of $621 billion. The gap with China on goods widened to an all-time record of $419.2 billion.
The Commerce Department figures released Wednesday undermined a key commitment by President Donald Trump, who promised to cut the trade imbalance on the belief that it would bring back overseas factory jobs and bolster the broader U.S. economy.
But America’s appetite for...
https://container-news.com/us-trade-gap-hit-10-year-high-december/