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High tariffs drive China imports down to a 16-year low. But U.S. trade deficits are still as big as ever.
High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.
U.S. trade deficit hits 2-year low as tariffs squeeze services sector
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods.
US trade deficit hits nearly 2-year low in June; China gap plunges
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods.
P resident Donald Trump said the U.S. was “getting very close” to a deal with China, while also threatening to impose higher ...
A dizzying array of trade crosscurrents continued Tuesday as global importers braced for a Thursday morning deadline in the ...
Africa is adjusting to the new reality of US President Donald Trump’s tariffs, with countries on the continent facing some of ...
Former U.N. Ambassador Nikki Haley on Tuesday questioned President Trump’s trade moves with China and India, warning that the U.S. shouldn’t “burn” its relationship with India.
What should investors know about tariffs? How can investors maximize their portfolios and take advantage of tariffs.
President Trump’s executive order carved out a special tariff on goods shipped indirectly to the United States by way of ...
China has approved 183 new Brazilian coffee companies to export products to the Chinese market, according to a social media ...
China's top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade ...
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