New China Trade 'Deal' Takes U.S
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The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter.
The Trump administration and Wall Street are starting to agree on one thing: America’s trade deficits are a problem and the dollar might not stabilize until imports and exports realign. But in reality,
The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.
The US trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies ahead of higher tariffs.
Chinese exports of rare earth minerals, which are vital to carmakers and other industries, and China's access to high-end technology from the U.S., including computer chips, are high on the agenda.
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The U.S. trade deficit narrowed by a record amount in April ahead of the implementation of President Trump’s tariffs, according to a Thursday release from the U.S. Census Bureau and the U.S.
The U.S. trade deficit marked a record-breaking decline in April, as a barrage of steep new tariffs muted the rush of imports that had preceded the new trade barriers. U.S. imports f
Reuters’ reported that “analysts voiced concerns this week about the integrity of U.S. Department of Agriculture reports after the agency delayed a report and excluded findings that point to tariffs as a reason for a forecasted increase in the agricultural trade deficit.
Administration officials blocked publication of written analysis that normally accompanies the report because they disliked what it said about the deficit.
Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods from the United States.
Mozambique's trade deficit worsened by 26.4% in 2024, reaching $2.231 billion (€1.957 billion), equivalent to 10.1% of Gross Domestic Product (GDP), according to a report by the central bank. “This result was due to the deterioration of the current account (CA) deficit by $291 million [€255.