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Economic Reports Trade Balance

  • Treasury's Steve Mnuchin: We are committed to passing 'significant' tax reform

    Treasury Secretary Steve Mnuchin sits down with "Squawk Box's" Becky Quick to talk about the administration's plans for tax reform by August.

  • The border tax is a 'really bad idea': Howard Dean

    It will really "screw up our retail," says former Gov. Howard Dean, (D-Vt.), sharing his thoughts on a proposed border adjustment tax and discussing some of the many challenges facing newly-minted Treasury Secretary Steve Mnuchin, with Gov. Jim Gilmore, (R-Va.).

  • *China's January trade balance was+ $51.34 billion (prelim. +$51.35 billion), according to revised data published by China's customs bureau on Thursday. *Customs said China January dollar-denominated import and export growth were +16.7 pct and +7.9 pct, respectively, unchanged from preliminary figures announced February 10.

  • President Donald Trump answers questions during a news conference at the White House.

    If U.S. trade data tells a story, the Trump administration may be looking to change the narrative.

  • BUENOS AIRES, Feb 21- Argentina posted a trade deficit of $106 million in January, narrower than the $177 million trade deficit the country posted in the same month last year, the government's INDEC statistics agency said on Tuesday. Exports totaled $4.2 billion in January, up 9.3 percent from January 2016, while imports rose 7.1 percent to $4.3 billion, INDEC said.

  • President Donald Trump- who says free trade treaties have cost countless thousands of American jobs- wants NAFTA to be renegotiated with a focus on cutting his country's large trade deficit with Mexico. Trump has revealed little about his intentions for NAFTA, which came into force in 1994, except that he wants to tweak the U.S. trading relationship with Canada...

  • NAFTA talk but no action

    CNBC's Kayla Tausche reports a lot of things have to happen before changes can be made to the North America Free Trade Agreement.

  • Japan's 'disappointing' export figures

    Marcel Thieliant, global economist at Capital Economics, weighs in on the latest trade figures from Japan, which might weaken further.

  • TOKYO, Feb 20- Japan's exports rose 1.3 percent in January from a year earlier, government data showed on Monday, a slowdown from the previous month due to a decline in U.S. exports and the Chinese New Year holidays. The trade balance came to a deficit of 1.09 trillion yen, versus the median estimate for a 636.8 billion yen deficit. To view full tables, go to the website of...

  • President Donald Trump's administration is mulling changes to how it calculates U.S. trade deficits in a way that would likely help bolster political arguments to renegotiate key trade deals, the Wall Street Journal reported on Sunday, citing people involved in the discussions. Trump has been highly critical of trade deals including the North American Free...

  • President Donald Trump meets with Canadian Prime Minister Justin Trudeau at the White House on Feb. 13, 2017.

    President Trump's isolationist policies could mean big things for trade with our northern neighbor.

  • LONDON, Feb 10- Sterling jumped above $1.25 on Friday after data showed UK industrial output rose more than expected in December and the trade deficit was narrower than forecast, allaying fears of a slowdown as the Brexit process gathers pace. The pound traded as high as $1.2515 from around $1. 248 o just before the data, while the euro slid around 20 ticks to 85.03...

  • *China Jan exports, imports rise, beat forecasts. BEIJING, Feb 10- China reported better-than-expected trade data for January as demand picked up both at home and abroad, an encouraging start to 2017 for the world's largest trading nation even as Asia's exporters brace for a rise in U.S. protectionism. That left the country with a initial trade surplus of $51.35...

  • BEIJING, Feb 10- China's trade surplus with the United States fell to $21.37 billion in January from $21.73 billion in December 2016, preliminary data from customs showed on Friday. China, the world's largest trading nation, could be heavily exposed to protectionist measures this year if U.S. President-elect Donald Trump follows through on campaign pledges to...

  • BRIEF- CHINA'S JAN YUAN-DENOMINATED EXPORTS RISE 15.9 PCT,. Feb 10- China's exports denominated in yuan rose 15.9 percent in January from a year earlier, the General Administration of Customs said on Friday. *That produced a trade balance of +354.53 billion yuan in January.

  • Trump may press Abe to do more to level the trade imbalance with Japan during a White House visit or a round of golf,. But the two leaders are unlikely to change the fact that the big cars and trucks that America makes do not sell in Japan. Even Japan's Toyota Motor Corp and Honda Motor Co cannot convince Japanese consumers to buy models that are popular in the United...

  • Feb 9- Gold steadied near three-month highs on Thursday as political risk in Europe and the United States drove demand for bullion as a safe haven. Spot gold was down 0.1 percent at $1,239.86 an ounce at 1122 GMT, having struck its highest since Nov. 11 at $1,244.67 in the previous session. Official data on Thursday showed that Germany's trade surplus climbed to a...

  • *Trump ally has accused Germany of exploiting weak euro. "The record surplus will continue to fuel the conflict with the USA and within the EU," said Marcel Fratzscher, head of the DIW economic institute, an advocate of stronger investment in Germany. "European neighbours would benefit from stronger investment in Germany," he said.

  • TOKYO, Feb 9- Japanese Prime Minister Shinzo Abe will propose a new cabinet level framework for U.S.- Japan talks on trade, security and macroeconomic issues, including currencies, when he meets U.S. Trump has lumped Japan with China and Mexico as big contributors to the U.S. trade deficit, targeted its auto trade as "unfair" and accused Tokyo of using monetary...

  • BEIJING, Feb 8- China foreign exchange regulator said on Wednesday that risks from cross-border capital flows will be generally under control in 2017, and that the country's capital and financial account deficit will narrow somewhat this year. China will maintain a current account surplus, and capital and financial account deficit in 2017, the State...