Tag: international trade

Trump’s Immigration and Trade Policies Could Cancel Out

When her husband was deported to Juarez in 2012, Amy Rios couldn’t just leave her Wisconsin life behind to join him. In her hometown of Waukesha, Rios had a 2-year-old daughter to care for, an extended family network and a new career as a phlebotomist to maintain. It took nearly […]

Five Things to Watch in the International Trade Report

The Department of Commerce releases its February report on international trade Tuesday morning. It’s rarely been so politically significant. For President Donald Trump, the trade deficit – the amount that imports exceed exports – is a newfound foe, one which his cabinet members have argued poses a distinct threat to national […]

PORTS FIASCO NARROWS TRADE DEFICIT TO $41.8B IN JANUARY

West Coast port labor negotiations and the strengthening dollar helped to shrink the U.S. trade gap in January. The U.S. Department of Commerce reported an 11% decrease in the trade deficit to $41.8 billion from $46.6 billion,  the largest since January 2012. Exports and imports decreased overall, with exports down […]

Philippines not yet a viable source for bananas for US

After nearly 10 years of trying to send bananas to the United States, the Philippines finally sent a shipment last year. But despite this, the country is still not in a position to become a regular source of bananas to the U.S. Location, transportation and volume are still the advantages […]

February exports, cold weather drag US trade

The United States saw its trade deficit widen for the second month as the cold weather and weak global economy continued to hamper movement of goods. But with the cold weather waning, next month’s figures are expected to perform better. The trade deficit increased to $42.3 billion in February up […]

January trade deficit widens slightly

The United States’ trade deficit slightly rose in January prompting speculation the rest of the year will not fare better. The trade deficit increased slightly to $39.1 billion in January from December’s revised number of $39 billion, the Commerce Department said Friday, despite an increase in exports. Compared to January […]

U.S. Trade Deficit Widened in December

The U.S. trade deficit widened by 6 percent in December, adding up to a record-high annual trade gap with China. The trade gap with China lessened by 19.1 percent in December to $20.7 billion. But the total annual deficit last year added up to the largest deficit the U.S. ever […]