When the Canadian dairy industry set below-market prices on milk ingredients earlier this year, Craig Alexander saw his company’s sales to Canada shrink before his eyes. Alexander works for O-AT-KA Milk Products, a dairy cooperative in Batavia, NY. Before the new rules were enacted, Alexander said his company shipped about […]
Author: Kevin Breuninger
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 […]
Trade Deficit Soars to Highest Level in Nearly Five Years
The U.S. trade deficit in January widened to its highest level since March 2012 – unwelcome news for the Trump administration, which recently decried deficits as potential threats to national security. January’s trade deficit was 9.6 percent higher than in December, as the gap between imports and exports grew to […]
Trade Deficit Narrows, Ending Widest Year Since 2012
The U.S. trade deficit narrowed slightly in December as exports outpaced imports, a welcome development for President Donald Trump as he sets out to shrink the gaps with America’s trading partners. The trade deficit for December was $44.3 billion. U.S. goods and services sold abroad in December surpassed imports by […]