Trade balance

April 02, 2020 - 8:54 am
WASHINGTON (AP) — The U.S. trade deficit tumbled in February to the lowest level since 2016 as exports fell and imports fell more. The politically sensitive gap in the trade of goods with China narrowed in February when the world's No. 2 economy was locked down to combat the coronavirus outbreak....
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In this March 5, 2020 photo released by Xinhua News Agency, a mobile crane prepares to move containers at a logistic station of Shenyang East Railway Station in Shenyang, northeast China's Liaoning Province. China's exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin. (Pan Yulong/Xinhua via AP)
March 07, 2020 - 1:17 am
BEIJING (AP) — China’s exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin. Exports tumbled 17.2% from a year earlier to $292.4 billion, a sharp reverse from December’s 7.8% rise, customs data showed Saturday. Imports...
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Specialist Anthony Rinaldi prepares for the day's trading, on the floor of the New York Stock Exchange, Thursday, March 5, 2020. (AP Photo/Richard Drew)
March 06, 2020 - 8:32 am
WASHINGTON (AP) — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened. The Commerce Department said Friday that the divide between what the U.S. sells and what it buys abroad dropped 6.7% in January to $45.3...
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FILE - In this July 8, 2019, file photo, cars wait to be exported at Yokohama port, near Tokyo. Japan's Finance Ministry says the nation recorded a trade deficit for the month of January, as exports continued to decline amid worries about the spread of a new virus that could deaden regional economic growth. The ministry said in a report Wednesday, Feb. 19, 2020, that the trade deficit for last month totaled 1.3 trillion yen, or $12 billion. That marked the third straight month of a trade deficit for the world's third largest economy. (AP Photo/Koji Sasahara, File)
February 18, 2020 - 11:07 pm
TOKYO (AP) — Japan recorded a trade deficit for the month of January Wednesday, as exports declined amid worries about the spread of a new virus that could deaden regional economic growth. The trade deficit for last month totaled 1.3 trillion yen ($12 billion), the Japanese Finance Ministry said in...
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In this Tuesday, Feb. 4, 2020, photo, workers watch a container ship arrive at a port in Qingdao in east China's Shandong province. China cut tariffs on $75 billion of U.S. imports including auto parts on Thursday, Feb. 6 in response to American reductions as part of their truce in a trade war. (Chinatopix via AP)
February 06, 2020 - 2:43 am
BEIJING (AP) — China cut tariffs on $75 billion of U.S. imports including soybeans, pork and auto parts Thursday in a trade truce with Washington while Beijing struggles with a costly virus outbreak. The cuts follow last month's signing of a “Phase 1” agreement toward ending a long-running tariff...
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February 06, 2020 - 1:55 am
BEIJING (AP) — China cut tariffs on $75 billion of U.S. imports including auto parts on Thursday in response to American reductions as part of their truce in a trade war. The cuts come as China struggles with the mounting cost of measures imposed to contain a virus outbreak that has closed...
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FILE - In this Friday, May 10, 2019 file photo, a container ship is unloaded at the Virginia International Gateway terminal in Norfolk, Va. U.S. factories expanded unexpectedly in January 2020, snapping a five-month losing streak. The Institute for Supply Management, an association of purchasing managers, said Monday, Feb. 3, 2020, that its manufacturing index rose to 50.9 in January, from 47.8 in December. Anything above 50 signals expansion. (AP Photo/Steve Helber, File)
February 05, 2020 - 8:35 am
WASHINGTON (AP) — The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes. The Commerce Department said Wednesday that the gap between what the United States sells and what it buys abroad fell 1.7% last year to $616.8 billion. U...
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January 22, 2020 - 10:33 pm
TOKYO (AP) — Japan has had the second straight year of red ink in trade for last year, hurt by a slowdown of demand in China, according to government data released Thursday. China's trade tensions with the U.S. has hurt Japan's trade, with Japan's exports for 2019 falling 5.6% from the previous...
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President Donald Trump holds the signed a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 1:45 pm
WASHINGTON (AP) — President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers and is aimed at lowering tensions in a long-running dispute between the economic powers. Trump said during a White House ceremony that the...
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President Donald Trump holds the signed a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 1:41 pm
WASHINGTON (AP) — President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers and is aimed at lowering tensions in a long-running dispute between the economic powers. Trump said during a White House ceremony that the...
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