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 and China sparred over industrial subsidies at the World Trade Organization on Friday, with Beijing asking to set up a dispute panel to review the Inflation Reduction Act’s…
View ArticleSouth Africa asked the World Trade Organization to set up two panels to examine what the nation says are “unscientific and discriminatory measures” placed on citrus it exports to the…
View ArticleUkraine’s Foreign Minister Dmytro Kuleba asked Hong Kong’s leader John Lee to take measures to prevent Russia and its companies from using the city to circumvent sanctions, in a rare…
View ArticleA US election victory for former president Donald Trump could send oil prices lower, according to some prominent Wall Street banks.
View ArticleFor the seventh time in 2024, the United States has sought Mexico’s review under the USMCA’s Rapid Response Labor Mechanism.
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