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Statement on UAE and Saudi chip exports
These approvals will promote continued American AI dominance and global technological leadership – consistent with President Trump’s July 2025 AI Action Plan. The approvals also…
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United States and Japan expand organic trade opportunities
Adding alcoholic beverages to the U.S.-Japan arrangement maintains and expands access to the Japanese market for USDA-certified producers. The arrangement also supports a level playing…
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U.S. International Trade in Goods and Services, August 2025 | U.S. Bureau of Economic Analysis (BEA)
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $59.6 billion in August, down…
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China’s trade surplus with Europe larger than with U.S. for first time
China’s trade surplus with Europe has overtaken its surplus with the U.S. for the first time, exposing European industry to mounting competitive pressure from an…
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Implementation of lower US tariffs on Switzerland targeted in coming days
The United States and Switzerland are working towards implementing a reduction in U.S. tariffs on Switzerland to 15% from 39% in the coming days, the…
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Trade between Latin America and the Caribbean due to grow in 2025 despite US tariff policy, ECLAC report shows
Trade between Latin America and the Caribbean will likely grow in 2025 despite broad U.S. tariffs across the region, which have had a weaker impact…
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US trade deficit narrows sharply in August as imports fall
The U.S. trade deficit narrowed more than expected in August as imports declined, but trade could still subtract from economic growth in the third quarter.
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US stock futures steady ahead of Nvidia test
U.S. stock index futures edged higher on Wednesday following sharp early-week losses on Wall Street, as investors set their eyes on Nvidia's earnings...
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Oil falls on oversupply concerns but tighter fuel markets limit drop
Oil prices fell on Wednesday due to higher crude inventories in the U.S., reinforcing oversupply concerns, but falls were limited by a tighter fuel market…
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Sterling eases after UK inflation, dollar rises ahead of Nvidia results
Sterling edged lower on Wednesday after British consumer price inflation fell in October as expected, raising expectations the Bank of England will...