The U.S. trade deficit in goods reached a record high in 2024, as manufacturers rushed to import goods in December ahead of possible tariffs in […]
Tag: trade deficit
As Coronavirus Spreads Globally, Some Manufacturers Thrive While Others Dive
SirCom, based in Temecula, California, needs parts out of Germany and China to manufacture its early warning systems. Some 70% of the products that were […]
US Manufacturing Takes Its Hardest Hit Since 2009
New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply […]
US trade deficit in goods hits record $891 billion
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. […]
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 […]
TRADE DEFICIT NARROWS TO END-OF-RECESSION LEVEL OF $35.4 BILLION
The U.S. trade deficit plummeted in February to its lowest level in five years as the West Coast labor disputes contributed to depressed imports and […]
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 […]
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 […]
The Upside to the Widening Trade Deficit
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 […]
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 […]