The U.S. international trade deficit fell by more than expected in January, due to the first phase of the trade deal signed by the President and China. The trade deficit dropped 4.6% to $65.5 billion in January compared with $68.7 billion in December, according to the advanced U.S. international trade […]
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 grew in December and overall in 2011 for the second year in a row, a sign the economy is picking up steam, say economists. From November to December, the trade deficit grew to $48.8 billion from $47.1 billion. Within that gap are signs of economic growth: […]
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 […]