U.S. Adds Chinese Tech Firms to Export Blacklist
The Commerce Department says the companies were building supercomputers used by China for "destabilizing military modernization efforts."
Germany’s Economy Shrinks as Exports Struggle
The country is feeling the effects of trade conflicts and global uncertainty.
U.S. Trade Deficit Jumps to Five-Month High
Trade tensions between the United States and China continue to spur volatility.
IEA: U.S. to Drive Oil Supply Growth
Over the next five years, the U.S. will take aim at becoming the top oil exporter, the agency said.
U.S. Trade Gap Jumps 12.5% to 10-Year High
President Trump's tariffs haven't closed the trade gap with China, which rose 11.6% to a record $419 billion in 2018.
Trade Deficit Jumps to $50 Billion in July
The 9.5% monthly increase in the nominal U.S. trade deficit was the largest in three years.
U.S. Trade Deficit Falls 15% to $49 Billion
Despite the March decline, the U.S. is still “on track to run another large trade gap in 2018 that exceeds the deficit in the prior year."
EU Suggests U.S. Products for Tariff Retaliation
"They’re trying to wake up American legislators, who are the only ones in government who can influence the president on this issue."
Trade Deficit Rises 9.6% to Near 5-Year High
"Team Trump really has their work cut out for them if they are going to stick with the campaign pledge to double growth."
Trade Gap Widens to Record $502B in 2016
The stronger dollar, larger federal budget deficits, and low national saving rates could force further widening in the trade deficit.
U.S. Economy Grows 1.9% in Fourth Quarter
Growth eased from 3.5% in Q3 as a sharp drop in exports offset solid consumer spending and a pickup in business investment.