Trade Gap Narrows to Eight-Month Low on Plane Exports
The U.S. trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports, which may come under pressure after the grounding of Boeing Co.’s 737 Max planes.
April 17, 2019Trade Gap of $621 Billion in 2018 Marked Highest in Decade
The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports.
Trade Gap Narrows to Five-Month Low as Imports Plummet
The U.S. trade deficit narrowed in November by more than forecast to a five-month low, as imports tumbled by the most in more than two years amid an intensifying trade war.
Japan Exports Sink 3.8% in December, Hit by China Slowdown
TOKYO — Japan’s exports fell 3.8% in December from a year earlier, hit by slowing demand in China, as the trade balance shifted back into deficit for the year, the Japanese government reported Jan. 23.
US Trade Deficit Widened to $50.1 Billion in July
WASHINGTON — The U.S. trade deficit widened for the second straight month in July, reaching the highest level since February, as imports hit an all-time high. The deficit in goods with China and the European Union set records.