Latest Trade balance News

US trade gap narrows as imports fall amid China conflict

Dec. 5, 2019 5:09 PM EST

WASHINGTON (AP) — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped. The Commerce Department said Thursday that the gap between what America sells and what it buys abroad dropped 7.6% to $47.2 billion in October. Imports...

US trade deficit falls 7.6% to $47.2 billion in October; gap with China narrows

Dec. 5, 2019 8:32 AM EST
WASHINGTON (AP) — US trade deficit falls 7.6% to $47.2 billion in October; gap with China narrows.

This Week: Construction spending, trade, nonfarm payrolls

Dec. 2, 2019 1:01 AM EST

A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSTRUCTION Despite recent gains, U.S. construction spending is lagging last year's pace. Spending rose 0.5% in September, boosted by government and private residential projects, but through the first nine months of the...

Japan exports, imports weaken amid trade tensions, tax hike

Nov. 19, 2019 11:50 PM EST

TOKYO (AP) — Japan’s exports fell 9.2% in October from the year before, the biggest drop in three years as the U.S.-China trade war and tensions with South Korea bit into demand. The tariff war between the U.S. and China has taken a toll across Asia, hurting manufacturers and supply chains. Imports...

US trade deficit falls to $52.5 billion in September

Nov. 5, 2019 10:42 AM EST

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 shrank...

US trade deficit falls to $52.5 billion, lowest since April, as America runs rare petroleum surplus

Nov. 5, 2019 8:33 AM EST
WASHINGTON (AP) — US trade deficit falls to $52.5 billion, lowest since April, as America runs rare petroleum surplus.

Japan exports fall for 10th straight month in September

Oct. 21, 2019 5:56 AM EDT

TOKYO (AP) — Japan's exports fell for a 10th straight month in September as trade tensions between the U.S. and China hit demand for machinery and other manufacturing mainstays, the government said Monday. The Finance Ministry said the trade deficit in September totaled $1.1 billion, a third consecutive...

China's trade with US shrinks again in September

Oct. 14, 2019 6:33 AM EDT

BEIJING (AP) — China's trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. Exports to the United States, China's biggest foreign market, fell 21.9% to $36.5 billion, a deterioration from August's 16% decline,...