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Economic Reports Trade Balance

  • BERLIN, April 7- German industrial output surged in February and the trade balance swelled as the engine room of Europe's largest economy fired on all cylinders to satisfy robust foreign demand that is assuaging angst about rising protectionism. Industrial output rose by 2.2 percent on the month, matching January's expansion rate in what the Economy...

  • SHANGHAI, April 6- China's yuan dipped against the U.S. dollar on Thursday, as traders awaited the first meeting between President Xi Jinping and U.S. President Donald Trump, with China's trade surplus and currency policy expected to be high on the agenda. China's improving economy and stringent capital controls also have greatly reduced depreciation...

  • Market impact of the Xi-Trump meeting?

    Adrian Zuercher, UBS, says given how this is the first time the political leaders are meeting, outcomes are likely to have little material impact on markets.

  • *Data expected to show continued solid growth for China's economy. *March activity indicators, Q1 GDP on April 17. BEIJING, April 6- A flurry of data in coming weeks is expected to show China posted solid economic growth in March, as President Xi Jinping and President Donald Trump meet for the first time this week with China's trade surplus expected to be high on the...

  • China needs to open up its markets to US companies: Gary Locke

    Gary Locke, former Commerce secretary, talks about President Trump's trade threats to China, and why both countries will lose if they don't open up trade.

  • What will Trump and Xi talk about?

    Gary Locke, former Commerce secretary and former U.S. ambassador to China, provides his expectations on the meeting between President Trump and China President Xi Jinping. Also Locke weighs in on growing tension between North Korea and the U.S., and how China may be able to intervene.

  • The politically sensitive trade gap with China narrowed sharply by 26.6 percent from January to $23 billion ahead of a summit between President Donald Trump and China's Xi Jinping this week, although seasonal factors were likely behind the dramatic drop, economists said. The Commerce Department said on Tuesday the trade deficit declined 9.6 percent to...

  • The politically sensitive U.S.- China trade deficit dropped 26.6 percent to $23.0 billion in February. The decline in the U.S.- China trade deficit comes ahead of Chinese President Xi Jinping's visit later this week. President Donald Trump has declared China the "grand champions" of currency manipulation.

  • OTTAWA, April 4- Canada swung to an unexpected trade deficit in February as exports tumbled by the most in nearly a year, suggesting economic momentum may have hit a speed bump and giving the Bank of Canada room to maintain its cautious stance next week. Following three consecutive months of surpluses, Canada posted a trade gap of C $972 million, Statistics Canada...

  • *Canadian dollar at C $1.3451, or 74.34 U.S. cents. *Loonie touches its weakest since March 15 at C $1.3455. The drop in exports will embolden the Bank of Canada to not put too much weight on a recent strong run of domestic data when it makes its interest rate decision next week, said Nick Exarhos, economist at CIBC Capital Markets.

  • *Inflation-adjusted trade deficit falls to $59.7 billion. WASHINGTON, April 4- The U.S. trade deficit fell more than expected in February as exports increased to a two-year high and slowing domestic demand weighed on imports. The Commerce Department said on Tuesday the trade gap declined 9.6 percent to $43.6 billion.

  • OTTAWA, April 4- Canada swung to an unexpected trade deficit in February as exports tumbled by the most in nearly a year, dampened by a decrease in shipments of aircraft and canola, data from Statistics Canada showed on Tuesday. Following three consecutive months of surpluses, February's C $972 million deficit fell short of economists' expectations for a surplus...

  • Australia's trade surplus came in much higher than expected in February, but that's likely a signal of economic weakness, not strength.

  • BRASILIA, April 3- Brazil posted a record trade surplus for March, reaching $7.1 billion, government data showed on Monday, surpassing market expectations despite a small drop in beef exports after a corruption scandal in the sector led to temporary import bans. Exports totaled $20.1 billion and imports $12.9 billion. The meat scandal, which saw China and Hong...

  • BRASILIA, April 3- Brazil posted a trade surplus of $7.1 billion in March, government data showed on Monday, surpassing market expectations despite a small drop in beef exports after a corruption scandal in the sector led to temporary import bans. Exports totaled $20.1 billion and imports $12.9 billion. Economists in a Reuters poll predicted a surplus of $6.8...

  • President Xi Jingping.

    Amy Celico, Albright Stonebridge Group, provides perspective on what the two world leaders want to accomplish when they meet later this week.

  • Trump, Xi face off at Mar-a-Lago

    CNBC's Kayla Tausche provides a preview of President Trump's meeting with China's President Xi Jinping in Florida later this week.

  • Chinese President Xi Jinping

    Former Deputy US Trade Rep. Robert Holleyman, provides insight to the upcoming meeting between President Trump and China President Xi Jinping at Mar-a-Lago.

  • Don't expect more than a handshake at Trump/Xi meeting: Expert

    John Rutledge, Safanad CIO, and Gordon Chang, Daily Beast columnist, provide insight to the upcoming meeting between President Trump and China's Xi Jinping.

  • For years, the United States has been importing more goods from Germany than it exports to Europe's biggest economy, due to the relatively strong competitiveness of German firms and the high demand among U.S. customers for' Made in Germany' goods. The resulting U.S. trade deficit with Germany has nearly doubled in the past 10 years from some 28.8 billion euros in...