We are not taking action on any of the fundamental problems in our country, says Michael Porter, Harvard Business School, explaining why the U.S. needs a national economic strategy. And Porter explains why he gives Hillary Clinton a slight edge on economic policy over Donald Trump.
*Trade surplus $41.99 bln, vs f'cast $53 bln. BEIJING, Oct 13- China's September exports fell 10 percent from a year earlier, far worse than expected, while imports unexpectedly shrank 1.9 percent after picking up in August, suggesting signs of steadying in the world's second-largest economy may be short-lived. That left the country with a trade surplus of $41.99...
BEIJING, Oct 13- China's September exports fell 10 percent from a year earlier, far more than markets had expected, while imports unexpectedly shrank 1.9 percent after an encouraging bump up in August, official data showed on Thursday. That left the country with a trade surplus of $41.99 billion for the month, the General Administration of Customs said.
The first six to 12 months after the GST introduction could be chaotic, but it's theoretically a positive, says Bajaj Auto Chairman Rauhl Bajaj.
OTTAWA, Oct 5- Canada's trade deficit in August shrank to its lowest level in eight months on stronger non-energy exports, offering further evidence the economy rebounded strongly in the third quarter. Statistics Canada on Wednesday said the deficit, the 24th in a row, was C $1.94 billion, down from a revised C $2.19 billion shortfall in July and less than the C...
WASHINGTON, Oct 5- The U.S. trade deficit rose more than expected in August as a rise in imports offset higher exports. The Commerce Department said on Wednesday the trade gap widened 3 percent to $40.73 billion. The July trade deficit was revised to $39.55 billion from a previous $39.47 billion.
OTTAWA, Oct 5- Canada's trade deficit in August shrank to C $1.94 billion, the lowest for eight months, as exports posted a third consecutive gain and imports stayed flat, Statistics Canada said on Wednesday. Exports to the United States, which took 74.7 percent of all Canadian exports in August, fell by 1.6 percent while imports slipped by 0.1 percent.
CNBC's Rick Santelli breaks down the latest numbers on trade
WASHINGTON, Oct 5- The U.S. trade deficit rose more than expected in August as a rise in imports offset higher exports. The Commerce Department said on Wednesday the trade gap widened 3 percent to $40.73 billion. Exports to China rose 2.6 percent and were up 1.2 percent to the European Union.
The "Worldwide Exchange" crew discusses some of the morning's top attention-grabbing headlines, including a piece in the Financial Times written by Martin Wolf titled, "Deutsche Bank offers a tough lesson in risk," and a Wall Street Journal article titled, "How to make trade work for everyone."
The slump in energy prices means oil-producing countries face a “clear need” to diversify their economies and improve competitiveness, WEF says.
Investors are pouring their money into the Thai market because of the baht's stability, explains CIMB's Kasem Prunratanamala.
"Squawk Box's" Becky Quick talks with former President Bill Clinton about the likelihood of possible job losses from the Trans-Pacific Partnership trade deal, and where he thinks corporate tax rates should fall.
Former Treasury Secretary Hank Paulson, shares his thoughts on trade relations.
Economic stimulus should be executed without creating excessive trade deficits and increasing the U.S.'s large net foreign liabilities.
The "Worldwide Exchange" crew discusses some of the morning's top attention-grabbing headlines, including a Wall Street Journal piece written by John Kasich titled, "A vote against trade is a vote against growth," and Charles Krauthammer's Washington Post article titled, "Hillary sharpens, Trump softens. He's rising, she's falling."
CNBC's Rick Santelli breaks down the latest data on trade, and CNBC's Steve Liesman provides insight.
A torrent of data from China and India due this week will offer insights into the health of Asia's fastest-growing economies.
Weakening exports continued to dog the world's second-largest economy in August but imports were a bright spot.
Willem Buiter, Citigroup chief economist says both Hillary Clinton and Donald Trump's trade proposals are not good for trade and are dangerous to global economies. Also Buiter shares his thoughts on further Brexit in the EU, and central banks inserting "helicopter money" in the economy.