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Economic Reports Trade Balance

  • BERLIN, March 7- German Finance Minister Wolfgang Schaeuble said on Tuesday he would meet his U.S. counterpart Steven Mnuchin on Thursday next week to prepare for a broader G20 meeting in Baden-Baden. Speaking to foreign press correspondents in Berlin, Schaeuble rejected U.S. criticism of Germany's record-high current account surplus and said that the...

  • WASHINGTON, March 6- Trump administration trade adviser Peter Navarro said on Monday the $65 billion U.S. trade deficit with Germany was "one of the most difficult" trade issues, and bilateral discussions were needed to reduce it outside of European Union restrictions. Navarro said that Germany has too long used the argument that the EU dictates its trade policy...

  • WASHINGTON, March 6- Trump administration trade adviser Peter Navarro said on Monday the $65 billion U.S. trade deficit with Germany was "one of the most difficult" trade issues, and bilateral discussions were needed to reduce it outside of European Union restrictions. Navarro, the director of the new White House National Trade Council, said that Germany has used...

  • WASHINGTON, March 6- Trump administration trade adviser Peter Navarro said on Monday the $65 billion U.S. trade deficit with Germany was "one of the most difficult" trade issues, and bilateral discussions were needed to reduce it outside of European Union restrictions. Navarro, the director of the new White House National Trade Council, said at an economic...

  • Twin boys Sun Qiyu and Sun Qichun hold China's national flags on the Tiananmen Gate in Beijing November 2, 2015.

    China’s leaders may be touting a level playing field, but on the ground, protectionism is growing, Germany’s ambassador to China said.

  • Sen. Sullivan: We need revenue from border tax

    Sen. Dan Sullivan, (R-Alaska), provides insight to the benefits of a border adjustment tax and the odds of passing it through Congress. Also Sen. Sullivan comments on the need for regulation reform.

  • Three advantages of border tax: Larry Bossidy

    Larry Bossidy, former Honeywell CEO, talks about the benefits of a border-adjustment tax and protecting American manufacturers.

  • Sec. Ross the 'right man at the right time': Carlos Gutierrez

    Carlos Gutierrez, former Commerce secretary, comments on the appointment of Wilbur Ross as Commerce secretary and how tariffs impede trade around the world.

  • Sec. Ross: Don't intend to be a 'serial' tweeter

    Commerce Secretary Wilbur Ross talk about going on the defense on Twitter.

  • Wilbur Ross, nominee for Secretary of Commerce.

    Commerce Secretary Wilbur Ross talks about the World Trade Organization, and working on NAFTA and trade with China.

  • Sec. Ross: Technical debate on trade balance

    Commerce Secretary Wilbur Ross talks about calculating trade deficits and how deregulation would impact growth and providing financial support for smaller companies.

  • Sec. Ross:Mexican peso has fallen on NAFTA fear

    Commerce Secretary Wilbur Ross shares his thoughts on the U.S. dollar, Mexican peso, and how the administration plans on filling the nation's one trillion dollar budget hole.

  • Sec. Ross: Optimistic there can be bipartisan agreement

    Commerce Secretary Wilbur Ross weighs in on whether he thinks there can be reconciliation in Congress on some issues.

  • Sec. Ross: Balance budget alternatives

    Commerce Secretary Wilbur Ross talks about other place to cut spending versus the border adjustment tax and whether other countries will retaliate. We do need to do something to fill that deficit hole, says Ross.

  • Commerce Secretary Wilbur Ross speaks to department employees March 1, 2017 in Washington, DC. Ross, who was confirmed earlier in the week, spoke about his vision for changing the department.

    Our first emphasis will be on facilitating U.S. exports to other countries, says Commerce Secretary Wilbur Ross talks about his role in the Trump administration and his focus on trade. Also Ross provides inside to the border adjustment tax and its similarity to the value added tax.

  • Sec. Ross: Caterpillar raid part of ongoing investigation

    We're going to be even stricter on enforcement, says Commerce Secretary Wilbur Ross commenting on the raid by law enforcement officials at three Caterpillar facilities.

  • LONDON, March 2- The Turkish lira fell more than 1 percent on Thursday, underperforming emerging market peers on back of dollar strength, Syria- related security worries and fears of more discord between the government and media. "Given the sizeable current account deficit, Turkey is vulnerable to a stronger dollar and tighter monetary policy in the U.S.- they have...

  • Rep. Barr: Pros and cons of border adjustment tax

    We've got to have hearings on this, says Rep. Andy Barr, (R-Ky.), and member of the House Financial Services Committee, talking about the possibility of a border tax after President Donald Trump's message on trade at last night's address to a joint session of Congress. Also, Rep. Barr voices his thoughts on replacing Obamacare.

  • Canada's charm offensive ahead of NAFTA talks: FM Bill Morneau

    Canadian Minister of Finance Bill Morneau talks about trade relations with the U.S. and renegotiating the North American Free Trade Agreement.

  • BEIJING, Feb 27- China's trade deficit in services narrowed to $20.9 billion in January from $26.1 billion in December, the foreign exchange regulator said on Monday. January's deficit was largely due to a $19.7 billion gulf in spending between foreign tourists and the Chinese, who splurge more abroad than foreign tourists in China, data from the State...