Tag: trade deficit

• Tuesday, July 8th 2025 - 08:36 UTC

  Trump imposes 25% tariffs on Japan, South Korea, and other countries

  

  US President Donald Trump announced new tariffs of at least 25% on most goods imported from 14 nations, including Japan and South Korea, effective August 1. These tariffs are part of his “Make America Wealthy Again” initiative, aimed at reducing trade deficits and boosting domestic manufacturing.

• Tuesday, January 10th 2023 - 10:28 UTC

  US trade deficit contracts the most in 14 years; fears the Fed is hiking rates too fast

  

  The United States trade deficit contracted by the most in nearly 14 years in November as slowing domestic demand amid higher borrowing costs depressed imports.

• Tuesday, August 23rd 2022 - 09:27 UTC

  Yet another month of trade deficit for Argentina

  

  Argentina's trade balance came out in the red in July of 2022 after yielding a US$ 437 million deficit, the National Institute of Statistics and Census (Indec) showed Monday in a report.

• Monday, January 4th 2021 - 04:30 UTC

  Trump vetoes bill to gradually end the use of large mesh drift gillnets off California

  

  President Donald Trump vetoed a bill that would have gradually ended the use of large-mesh drift gillnets deployed exclusively in federal waters off the coast of California, saying such legislation would increase reliance on imported seafood and worsen a multibillion-dollar seafood trade deficit.

• Wednesday, February 5th 2020 - 07:10 UTC

  Brazil posts trade deficit in January, the first in five years: exports dropped 20%

  

  Brazil posted a trade deficit of US$1.745 billion in January, official data showed on Monday, the first shortfall for the month of January in five years and an indication that trade might continue to be a drag on overall economic growth.

• 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.

• 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.

• Friday, June 10th 2011 - 03:56 UTC

  Record exports in April helped to lower US trade deficit by 6.7%

  

  Exports of US goods and services rose to a record 175.6bn in April, helping to shrink its trade deficit. Data from the Commerce Department showed the gap between imports and exports fell by 6.7% to 43.7bn as manufacturers shipped more items such as computers.

• Thursday, June 2nd 2011 - 08:46 UTC

  Soaring imports push Uruguay’s trade deficit in the first quarter

  

  Uruguay’s trade balance registered a deficit of 790 million US dollars in the first quarter of the year, according to the latest data from the central bank. Exports totalled 1.681 billion USD, up 30.5% over the previous year while imports totalled 2.470 billion USD, up 49.5%.

• Thursday, March 10th 2011 - 21:25 UTC

  US trade deficit soars to 46.3 billion in spite of record exports

  

  Stock markets have fallen after figures showed the US trade deficit had widened much more than expected in January. The US Commerce Department said the deficit had widened to 46.3 billion US dollars from 40.3 billion USD in December.