Trade balance

February 06, 2020 - 1:55 am
BEIJING (AP) — China cut tariffs on $75 billion of U.S. imports including auto parts on Thursday in response to American reductions as part of their truce in a trade war. The cuts come as China struggles with the mounting cost of measures imposed to contain a virus outbreak that has closed...
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FILE - In this Friday, May 10, 2019 file photo, a container ship is unloaded at the Virginia International Gateway terminal in Norfolk, Va. U.S. factories expanded unexpectedly in January 2020, snapping a five-month losing streak. The Institute for Supply Management, an association of purchasing managers, said Monday, Feb. 3, 2020, that its manufacturing index rose to 50.9 in January, from 47.8 in December. Anything above 50 signals expansion. (AP Photo/Steve Helber, File)
February 05, 2020 - 8:35 am
WASHINGTON (AP) — The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes. The Commerce Department said Wednesday that the gap between what the United States sells and what it buys abroad fell 1.7% last year to $616.8 billion. U...
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January 22, 2020 - 10:33 pm
TOKYO (AP) — Japan has had the second straight year of red ink in trade for last year, hurt by a slowdown of demand in China, according to government data released Thursday. China's trade tensions with the U.S. has hurt Japan's trade, with Japan's exports for 2019 falling 5.6% from the previous...
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January 07, 2020 - 8:35 am
WASHINGTON (AP) — The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years. The Commerce Department said Tuesday that the gap...
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FILE - In this Oct. 2, 2019, file photo a shipping container is lifted off the back of a truck as others wait in line to have their cargo unloaded at a terminal on Harbor Island in Seattle. On Thursday, Dec. 5, the Commerce Department reports on the U.S. trade gap for October. (AP Photo/Elaine Thompson, File)
December 05, 2019 - 5:09 pm
WASHINGTON (AP) — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped. The Commerce Department said Thursday that the gap between what America sells and what it buys abroad dropped 7.6% to $47.2 billion in October...
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This Monday, Nov. 4, 2019, photo shows cargo cranes at the Port of Tacoma in Tacoma, Wash. On Tuesday, Nov. 5, the Commerce Department reports on the U.S. trade gap for September. (AP Photo/Ted S. Warren)
November 05, 2019 - 10:41 am
WASHINGTON (AP) — The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum. The Commerce Department said Tuesday that the September gap between what America buys from abroad and what it sells...
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In this July 8, 2019, photo, cars for export are parked at Kawasaki port, near of Tokyo. Japan has logged a third straight month of a trade deficit in September, according to the latest government data, as trade tensions between China and the U.S. crimped exports. Japan’s Finance Ministry reported Monday, Oct. 21, the nation’s trade deficit in September totaled 122.98 billion yen ($1.13 billion). (AP Photo/Koji Sasahara)
October 21, 2019 - 5:56 am
TOKYO (AP) — Japan's exports fell for a 10th straight month in September as trade tensions between the U.S. and China hit demand for machinery and other manufacturing mainstays, the government said Monday. The Finance Ministry said the trade deficit in September totaled $1.1 billion, a third...
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FILE - In this July 24, 2019, file photo, the container ship Hansa Augsburg is shown docked at PortMiami in Miami. On Friday, Oct. 4, the Commerce Department reports on the U.S. trade gap for August. (AP Photo/Wilfredo Lee, File)
October 04, 2019 - 8:33 am
WASHINGTON (AP) — The U.S. trade deficit widened in August for the first time in three months as exports increased but imports increased more. The politically sensitive gap with China in the trade of goods narrowed. The Commerce Department says the gap between what the United buys and what it sells...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. China's trade with the United States fell sharply in August as a tariff war that threatens global economic growth worsened. (AP Photo/Kin Cheung, File)
September 08, 2019 - 7:33 am
BEIJING (AP) — China's trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data...
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In this July 24, 2019 photo, large cranes to unload container ships are shown at PortMiami in Miami. On Wednesday, Sept. 4, the Commerce Department reports on the U.S. trade gap for July. (AP Photo/Wilfredo Lee)
September 04, 2019 - 9:05 am
WASHINGTON (AP) — The U.S. trade deficit declined in July, including the gap with China that has been the focus of President Donald Trump's tariffs. The Commerce Department said Wednesday that the gap between the goods and services the U.S. buys and what it sells abroad fell 2.7% to $54 billion in...
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