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Economic Reports Trade Balance

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • BERLIN, May 22- The euro is "too weak" due to the European Central Bank's monetary policy, German Chancellor Angela Merkel said on Monday, pointing out that this helped explain Germany's relatively high trade surplus. Turning to France, Merkel said the German government must help new French President Emmanuel Macron to succeed, saying she hoped Macron manages to...

  • U.S. customers bought goods from Europe's biggest economy worth 29.1 billion euros, keeping the U.S. as the biggest client for' Made in Germany' products, Federal Statistics Office figures reviewed by Reuters showed. Since German clients imported much less U.S. goods from January-March, Germany's trade surplus with the United States swelled to nearly 14...

  • LONDON, May 22- The euro surged in morning trade in Europe on Monday after German leader Angela Merkel pointed to a weak euro and extremely loose monetary policy as causes of Germany's large trade surplus. The comments played into market speculation that German officials at the European Central Bank may push hard for a tightening of its monetary policy...

  • TOKYO, May 22- Japan's exports rose in April to mark their fifth straight month of gains, as shipments of semiconductors and steel expanded, signaling that more robust overseas demand could underpin a steady economic recovery. The data also showed Japan's trade surplus with the United States narrowed. But Japan's trade surplus with the United States fell 4.2...

  • TOKYO, May 22- Japan's exports rose in April to mark their fifth straight month of gains, as shipments of semiconductors and steel expanded, signaling that more robust overseas demand could underpin a steady economic recovery. The data also showed Japan's trade surplus with the United States narrowed. But Japan's trade surplus with the United States fell 4.2...

  • TOKYO, May 22- Japan's exports rose in April to mark the fifth straight month of gains, an encouraging sign that more robust overseas demand could underpin a steady economic recovery. The data also showed Japan's trade surplus with the United States narrowed. Japan's exports are expected to continue rising as global economic growth gains momentum, but concerns...

  • TOKYO, May 22- Japan's exports rose 7.5 percent in April from a year earlier, marking the fifth straight month of gains, Ministry of Finance data showed on Monday. The trade balance came to a surplus of 481.7 billion yen, versus the median estimate for a 521 billion yen surplus. To view full tables, go to the website of the Ministry of Finance at:...

  • President Donald Trump and Canadian Prime Minister Justin Trudeau walk from the Oval Office to the Residence of the White House in Washington, February 13, 2017.

    The Trump administration's call for a review of NAFTA took a more measured tone than the president's harsh campaign rhetoric.

  • The European Union statistics office Eurostat said on Tuesday the 19- country currency area recorded a 30.9 billion euro surplus in March in its goods trade balance with states outside the bloc, according to data not adjusted for seasonal factors. The EU increased its exports to all major trade partners in the first quarter of this year, with a 28 percent surge...

  • May 12- The United States and China have agreed to take action to expand bilateral trade in beef and chicken as well as taking other steps as part of Washington's drive to narrow the U.S. trade deficit with China. China will allow U.S. imports of beef no later than July 16, and the United States will issue a proposed rule to allow Chinese cooked poultry to enter U.S....

  • Wilbur Ross: I have a new boss who's very demanding things get done on time

    Wilbur Ross, Commerce secretary, talks about the speed in which a trade deal was made between the U.S. and China, and provides an update on NAFTA.

  • Commerce Secretary Wilbur Ross speaks about new tariffs on Canadian softwood lumber from the White House in Washington, April 25, 2017.

    Wilbur Ross, Commerce secretary, talks about a trade deal struck between the U.S. and China on beef import, Chinese cooked poultry exports and an update on NAFTA.

  • Wilbur Ross, U.S. Secretary of Commerce.

    Wilbur Ross, Commerce secretary, talks about the trade deal between the U.S. and China to open its borders to U.S. beef while cooked Chinese poultry is closer to hitting the American market.

  • US Secretary of Treasury Steven Mnuchin arrives for a G7 summit of Finance Ministers on May 12, 2017 in Bari.

    Mnuchin emphasized the Trump administration's excitement after the U.S. and China announced a series of trade measures.

  • WASHINGTON/ BEIJING, May 12- The United States and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington's drive to cut its trade deficit with Beijing. The United States ran a trade deficit of $347 billion with China last year, U.S. China will also allow U.S....

  • WASHINGTON/ BEIJING, May 11- The United States and China will expand trade in beef and chicken and increase access for financial firms, as part of a plan to reduce the massive U.S. trade deficit with Beijing, U.S. The countries have agreed that China will allow U.S. imports of beef by no later than July 16. Trump had pledged during his presidential campaign that he would...