With all eyes focused on President Donald Trump’s escalating trade war with China, another threat looms that could cause big problems for a segment of the U.S. economy. Trump is expected to announce just before the end of the week whether he’ll impose tariffs on imported autos and auto parts […]
The American labor force expanded substantially in April, delivering a win for President Donald Trump who’s betting on the strength of the U.S. economy to get reelected in 2020. The economy added 263,000 jobs in April, the Bureau of Labor Statistics reported Friday. The unemployment rate dropped to 3.6%, […]
When the Commerce Department releases its latest report for U.S. international trade on Wednesday, economists say they expect to see a slight widening of the trade deficit. The report, which covers the month of February, will detail the difference between how much the U.S. imports from its global trading partners […]
For nearly five years, dairy farmers have seen the price of milk drop, forcing thousands of farms across the country to go out of business. Now, the survival of many dairy farms hinges on increasing milk production, and that increasingly depends on the immigrants who do the work that Americans […]
The U.S. trade deficit narrowed in January as imports declined and exports rose, partly because of a compromise by China amid trade negotiations between the two countries. The trade deficit in goods and services shrank 14 percent in January to $51.1 billion, according to a Commerce Department report released Wednesday. […]
The U.S. trade deficit blew up in December, once again hitting its highest monthly total since 2008, indicating President Donald Trump’s tariffs have been ineffective. The trade deficit rose 18 percent in December to $59.8 billion, according to data released by the Commerce Department on Wednesday. The data also showed […]