Biden’s Trade Policy Stresses Investment in U.S. Jobs
An early peek at President Joe Biden’s trade policy reveals it could put North America and its workers back on center stage.
U.S. Trade Deficit Jumps to Five-Month High
Trade tensions between the United States and China continue to spur volatility.
U.S. Current Account Deficit Grows to $134.4B
The 6.1% increase in the fourth-quarter took the deficit to the highest level in 10 years and topped analysts' forecasts of a $130.0 billion shortfall.
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."
U.S. Trade Gap Climbs 5% in January to $56.6B
The increase in the trade deficit to a nine-year high "will only add fuel to President Donald Trump’s protectionist rhetoric ," an economist says.
U.S. Trade Gap Rises 12.1% in 2017
The December deficit was the largest since 2008 as robust domestic demand pushed imports to a record high of $256.5 billion.
US Trade Gap Edges up to $43.7B in July
The increase was less than expected but is unlikely to sit well with an administration that is seeking to cut the deficit.
U.S. Trade Gap Narrows to $43.6B in February
The 9.6% decline from January reflects a rise in exports to the highest level since December 2014.
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."