Trade balance

July 02, 2020 - 8:45 am
WASHINGTON (AP) — The U.S. trade deficit rose for the third straight month in May. Both exports and imports fell as the coronavirus outbreak continued to take a toll on world commerce. The Commerce Department said Thursday that the gap between the United States buys and what it sells abroad rose 9...
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FILE - In this Nov. 4, 2019 file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. The U.S. trade deficit tumbled in February 2020 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. (AP Photo/Ted S. Warren, File)
May 05, 2020 - 9:14 am
WASHINGTON (AP) — The U.S. trade deficit rose in March as the coronavirus outbreak battered America's trade with the world. The Commerce Department reported Tuesday that the gap between what the United States sells and what it buys abroad widened 11.6% in March to $44.4 billion from $39.8 billion...
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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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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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FILE - In this Nov. 4, 2019, file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. The Commerce Department said Tuesday, Jan. 7, 2020, that the U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years. (AP Photo/Ted S. Warren, File)
January 07, 2020 - 9:34 am
WASHINGTON (AP) — The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years. The Commerce Department said Tuesday that the gap...
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This Monday, Nov. 4, 2019, photo shows cargo cranes at the Port of Tacoma in Tacoma, Wash. On Tuesday, Nov. 5, the Commerce Department reports on the U.S. trade gap for September. (AP Photo/Ted S. Warren)
November 05, 2019 - 10:41 am
WASHINGTON (AP) — The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum. The Commerce Department said Tuesday that the September gap between what America buys from abroad and what it sells...
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