Latest Trade balance News

US trade deficit widened in August to $54.9 billion

Oct. 4, 2019 8:40 AM EDT

WASHINGTON (AP) — The U.S. trade deficit widened in August for the first time in three months as exports increased but imports increased more. The politically sensitive gap with China in the trade of goods narrowed. The Commerce Department said Friday that the gap between what the United buys and what it...

US trade deficit widened 1.6% in August to $54.9 billion, though gap with China narrowed

Oct. 4, 2019 8:33 AM EDT
WASHINGTON (AP) — US trade deficit widened 1.6% in August to $54.9 billion, though gap with China narrowed.

China's trade with US shrinks as tariff war worsens

Sep. 8, 2019 7:33 AM EDT

BEIJING (AP) — China's trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data showed...

US trade gap fell 2.7% in July including the gap with China

Sep. 4, 2019 9:05 AM EDT

WASHINGTON (AP) — The U.S. trade deficit declined in July, including the gap with China that has been the focus of President Donald Trump's tariffs. The Commerce Department said Wednesday that the gap between the goods and services the U.S. buys and what it sells abroad fell 2.7% to $54 billion in July...

China threatens retaliation if US tariff hikes go ahead

Aug. 15, 2019 6:42 AM EDT

BEIJING (AP) — China on Thursday threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. Beijing will take unspecified "necessary countermeasures," the Cabinet said in a one-sentence statement. It gave...