The U.S. monthly international trade deficit decreased in November 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.9 billion in October (revised) to $43.1 billion in November, as exports increased and imports decreased. The previously published October deficit was $47.2 billion. The goods deficit decreased $3.9 billion in November to $63.9 billion. The services surplus decreased less than $0.1 billion in November to $20.8 billion.
The US Treasury Department is seeking engagement with China while also sharpening the economic tools needed to counter what it sees as national security challenges, according to two officials, highlighting…
View ArticleThe European Union is pushing the US to facilitate trade by agreeing on common technical requirements for manufacturers of some clean technologies as the two sides seek to strengthen their…
View ArticleTaiwan’s de facto ambassador to the US said the lack of a double taxation treaty is “unfair” and discouraging investment from Taiwanese semiconductor firms, while adding she hopes recent trade…
View ArticleGerman car manufacturers have called for a delay in implementing the post-Brexit regulations concerning electric vehicles (EVs). The German auto industry argues that the proposed rules could potentially disrupt the…
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