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Economic Reports Trade Balance

  • BEIJING, May 8- China posted a preliminary current account surplus of $19 billion in the first quarter of this year and a deficit of $19 billion on its capital and financial account, the country's foreign exchange regulator said on Monday.

  • TOKYO, May 8- Japan is expected to report its biggest current account surplus in 10 years this week, made up of solid income from overseas investments and a strong trade balance boosted by exports and falls in oil prices, a Reuters poll showed. Japan posted a 2.81 trillion yen surplus in February. A strong current account surplus and a large trade surplus with the...

  • BEIJING, May 8- China's April trade surplus with the United States widened to $21.34 billion compared with a $17.74 billion surplus in March, customs data on Monday showed.

  • BEIJING, May 8- China's April exports rose 8.0 percent from a year earlier, missing analysts' expectations, while imports expanded 11.9 percent, official data showed on Monday. That left the country with a trade surplus of $38.05 billion for the month, the General Administration of Customs said. Analysts were expecting China's trade surplus to have widened to...

  • BEIJING, May 8- China's exports denominated in yuan rose 14.3 percent in April from a year earlier, the General Administration of Customs said on Monday. *Yuan-denominated imports rose 18.6 percent y/y in April. *That produced a trade balance of +262.3 billion yuan in April.

  • Donald Trump

    Trump's protectionist rhetoric has spurred a lot of hand-wringing about trade, but some emerging market exporters aren't too concerned.

  • A shipping container is moved with a crane before being loaded onto a ship docked at the Port of Oakland

    Finance leaders of Japan, China and South Korea agreed to resist protectionism in a meeting on Friday, taking a stand on Trump's rhetoric.

  • *Canadian dollar at C $1.3721, or 72.88 U.S. cents. Canada posted a trade deficit of C $135 million in March, down from a revised C $1.08 billion shortfall in February, as exports hit a record high on energy shipments, Statistics Canada said. "A strong first indicator on March GDP suggests that there could be some decent momentum heading into the second quarter," said...

  • OTTAWA, May 4- Canada's trade deficit narrowed sharply to just C $135 million in March as exports surged to a new high on shipments of energy products, an early sign the first quarter ended strongly. Statistics Canada said on Thursday that the value of exports jumped by 3.8 percent to C $46.98 billion as volumes increased by 2.5 percent and prices grew by 1.3...

  • OTTAWA, May 4- Canada's trade deficit narrowed sharply to just C $135 million in March as exports surged to a new high on shipments of energy products and consumer goods, Statistics Canada said on Thursday. Energy products rose 7.0 percent, pushed up by higher natural gas flows to the United States and a spike in exports of coal to Asia that coincided with a slowdown...

  • BEIJING, May 3- China will boost authenticity and compliance checks on trade and investment this year, its forex regulator said on Wednesday, and increase checks and punishment on illegal forex activities. Growth in China's services trade deficit will gradually stabilize, and cross-border capital flows will become more balanced, the regulator said.

  • BEIJING, May 3- China will boost authenticity and compliance checks on trade and investment this year, its forex regulator said on Wednesday, and increase checks and punishment on illegal forex activities. Growth in China's services trade deficit will gradually stabilise, and cross-border capital flows will become more balanced, the regulator said.

  • Commerce Secretary Wilbur Ross on Trump's decision not to terminate NAFTA

    U.S.Commerce Secretary Wilbur Ross speaks with CNBC about President Trump's decision not to withdraw from NAFTA and what the White House has accomplished in trade policy during Trump's first 100 days.

  • Exports to the United States rose in April but South Korea's trade surplus with that country declined on an annual basis over the same period, Monday's data showed, potentially easing concerns Washington may impose protectionist measures that could hurt South Korea's economy- Asia's fourth-largest. President Donald Trump said last week in an interview...

  • SEOUL, May 1- South Korea's exports to the United States rose 3.9 percent in April from a year earlier, trade ministry data showed on Monday, rebounding from a 5.0 percent decline in March. Shipments to the United States have been fairly uneven this year, falling in January and March due to variable economic recovery there. South Korea's trade surplus with the U.S....

  • KORUS, as the deal is known, has been a boon for South Korea and its U.S. goods trade surplus has surged to $28 billion. Meanwhile, the U.S. economy is strengthening, supporting consumer demand for imported goods, including cars and electronics from South Korea. One sector for which the trade deal has not gone horribly is U.S. beef, where exports have risen steadily to...

  • The president, for example, said that given the current $61 billion annual trade deficit with Mexico, the United States would be better off if the two countries did not trade at all, saying "You'll save yourself a hell of a lot of money." "It could happen," he said of a hypothetical severing of ties between the United States and Mexico, "but the things you would do to make it...

  • No doubt NAFTA needs to be updated: William Daley

    William Daley, Argentiere Capital, weighs in on negotiating an update on the North American Free Trade Agreement but cautions the U.S. should be mindful of neighbors Mexico and Canada.

  • Commerce Secretary Wilbur Ross talks trade, Trump and taxes

    Commerce Secretary Wilbur Ross sits down with the "Squawk Box" crew in Washington, DC to talk about NAFTA, fair trade, aluminum supplies and President Trump's tax plan.

  • Wilbur Ross: Current balance sheet only works if we grow faster

    We have to get more than three-percent growth, says Commerce Secretary Wilbur Ross talking about addressing the nation's growing debt while promoting growth.