trade deficit

U.S. Trade Deficit With China Dropped Nearly 18% in 2019

U.S. Trade Deficit With China Dropped Nearly 18% in 2019

The trade deficit with China fell to the lowest level since 2014 as tariffs were hiked last year. |
Trade Deficit Falls to Lowest in Three Years

Trade Deficit Falls to Lowest in Three Years

The balance of trade improved in November and imports from China fell sharply.
Will 2020 be the year of “trade peace”? Don’t bet on it

Will 2020 be the year of “trade peace”? Don’t bet on it

Though this might look like the dawn of detente, it's almost certainly a false one.
The great American labor paradox: Plentiful jobs, most of them bad

The great American labor paradox: Plentiful jobs, most of them bad

When you compare lived reality with the data, it's clear something big is getting lost in translation
India’s RCEP walkout shows its industry is still incompetent

India’s RCEP walkout shows its industry is still incompetent

India must gear up to meet global competition through land and labour reforms.
Marco Rubio: 'Blissful Ignorance' on Threat from China Is No Longer an Option

Marco Rubio: 'Blissful Ignorance' on Threat from China Is No Longer an Option

Rubio warned Americans in a Monday evening Senate floor speech that the threat from China to the United States can no longer be ignored.
Forget what the media says. These charts show why the US trade deficit should worry you

Forget what the media says. These charts show why the US trade deficit should worry you

Trump is right: a vital engine of American prosperity is sputtering.
Trump Owns This Record as President

Trump Owns This Record as President

Despite promises to shrink the U.S. trade deficit with crazy tariffs on imported goods, the trade deficit has instead reached record highs as it grew to some $621 billion. Read more...
US trade deficits hit record high following Trump tariff wars

US trade deficits hit record high following Trump tariff wars

The U.S. trade deficit, both globally and specifically with China, hit record highs during 2018. President Donald Trump has said that one of the main reasons he had put steep tariffs in place was to
Mexico can thank the US for its record-high trade surplus

Mexico can thank the US for its record-high trade surplus

If, as Donald Trump has suggested, a country’s success can be measured by its trade balance, Mexico is winning big league. On Monday, it reported…
ABC's Jonathan Karl Shuts Down Mick Mulvaney's Spin On Trump's Border Wall

ABC's Jonathan Karl Shuts Down Mick Mulvaney's Spin On Trump's Border Wall

Here's what happens when your spin is so lame even ABC's right wing White House correspondent Jonathan Karl can't sit and listen to it without calling you out for it. OMB Director and now acting White
This “pacifist” nation is now the biggest foreign buyer of American F-35 fighter jets

This “pacifist” nation is now the biggest foreign buyer of American F-35 fighter jets

Japan, which defines itself in its constitution as a “pacifist” nation, will soon be deploying an aircraft carrier and adding dozens more stealth fighter jets…
Janet Yellen says the US trade deficit is likely to get even bigger. Here’s why she’s right

Janet Yellen says the US trade deficit is likely to get even bigger. Here’s why she’s right

Donald Trump’s America First economic policies are designed to shrink the US trade deficit. But according to Janet Yellen, the former chair of the Federal…
US adds 250,000 jobs — and hits record trade deficit with China

US adds 250,000 jobs — and hits record trade deficit with China

The jobs report released Friday showed that the U.S. added 250,000 jobs in October. At the same time, the U.S. trade deficit with China reached a…
US soybean exports drop by 97 percent as trade deficit with China grows

US soybean exports drop by 97 percent as trade deficit with China grows

U.S. soybean exports have dropped off 97 percent in 2018 compared to the same period in 2017. What happened? In the first seven weeks of…
Trump’s tariffs on China are doing the exact opposite of what they’re supposed to

Trump’s tariffs on China are doing the exact opposite of what they’re supposed to

Donald Trump’s tariffs on China are going great, the US president assured the world yesterday. “Their economy has gone down very substantially,” Trump said on…
Pence’s aggressive speech just took China-US relations to a whole new level of bad

Pence’s aggressive speech just took China-US relations to a whole new level of bad

Less than a year ago, Donald Trump was banqueting with Chinese leader Xi Jinping in Beijing and toasting “to a friendship that will only grow…
The new NAFTA boosts Big Pharma while hurting sick Canadians and American workers

The new NAFTA boosts Big Pharma while hurting sick Canadians and American workers

Donald Trump has long vowed to tear up NAFTA and replace it with a deal that benefited American workers and companies. But where it concerns…
The Indian shopper’s favourite imported products just got more expensive

The Indian shopper’s favourite imported products just got more expensive

India’s biggest festival season may not be all that cheerful this year for shoppers of imported goods. Looking to lower its current account deficit (CAD)—the…
The U.S. Trade Deficit Rose to Its Highest Level in 5 Months, Reaching $50 Billion

The U.S. Trade Deficit Rose to Its Highest Level in 5 Months, Reaching $50 Billion

Individual deficits increased with China, the EU, and Canada, but decreased with Mexico.