Author: Emilia David

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 […]