Tag: Exports

Thursday, February 28th 2019 - 09:15 UTC
US trade deficit widens sharply in December: imports increase, exports drop

The US trade deficit widened sharply in December as slowing global demand and a strong dollar weighed on exports, another sign that economic growth slowed in the fourth quarter. Other data from the Commerce Department on Wednesday showed new orders for US-made goods barely rose in December and business spending on equipment was much weaker than previously thought, pointing to a softening in manufacturing activity.
Tuesday, December 11th 2018 - 18:29 UTC
Uruguayan dairy exports up 17%

Uruguay's exports of dairy products between January and November were worth 636 million US dollars, which represents a 17% increase compared to the same period last year, the National Milk Institute (INALE) announced Monday.
Saturday, November 3rd 2018 - 07:57 UTC
Brazilian manufacturing activity and staff hiring expanded in October

Manufacturing activity in Brazil expanded in October as strong demand prompted firms to increase payrolls for the first time in three months, bolstering the outlook for a steady economic recovery. The Purchasing Managers' Index calculated by research firm Markit rose to 51.1 from 50.9 in September, holding above the 50 threshold separating a contraction from an expansion for a fourth straight month.
Thursday, October 18th 2018 - 08:24 UTC
Despite grumblings, US refrains from labeling China a “currency manipulator”

United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.
Monday, October 1st 2018 - 08:42 UTC
US and Canada reach a NAFTA framework pudate; “we have a trilateral deal”, sayd Mexican sources

The US dollar slipped against the Canadian dollar on Monday as the United States and Canada reached a framework deal to update the North American Free Trade Agreement. The deal reached involves offering more dairy access to U.S. farmers as well as Canada agreeing to a side-letter arrangement effectively capping automobile exports to the United States.
Monday, September 3rd 2018 - 19:17 UTC
Macri admits the seriousness of the situation and Dujovne is off to meet with IMF

President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program.
Wednesday, August 29th 2018 - 08:45 UTC
Argentina's beef exports expected to double this year boosted by China's purchases

Argentina's beef exports could double in 2018 for a total of US$ 1.8 billion thanks to increased Chinese demand and a sharp devaluation of the peso currency, according to analysts and industry experts.
Tuesday, August 28th 2018 - 08:00 UTC
Chile's latest export to England: burglars targeting wealthy homes

A criminal gang which was flying burglars from Chile into the UK to target wealthy homes in the South East has been dismantled, police have said. Luxury items worth more than £1m were stolen by the thieves, who targeted hundreds of homes, then shipped some of the goods out of the country.
Thursday, August 23rd 2018 - 08:58 UTC
Argentine trade deficit in seven months climbs to US$ 5.9 billion

Argentina posted a trade deficit of US$789 million in July, government statistics agency Indec said on Wednesday, compared with a deficit of US$ 359 million in June and a deficit of US$ 748 million in July 2017.
Tuesday, May 29th 2018 - 08:06 UTC
Argentina increases export tax on biodiesel to 15% from 8%

The Argentine government is raising an export tax on biodiesel to 15% from 8%, effective July 1, according to a decree published in the official Gazette on Monday. Argentina is one of the world's top providers of biodiesel fuel, exporting 1.65 million tons in 2017, but it has been hit by retaliatory tariffs in recent years.