×

Economic Reports Trade Balance

  • MEXICO CITY, May 11- Mexico sent a stark message to U.S. Mexico has tried to deepen commercial links with China for years, and President Enrique Pena Nieto had hoped a Chinese high-speed train contract would presage more investment. Mexico runs a sizeable trade deficit with China, and the government could face resistance from Mexican manufacturers to opening up...

  • MEXICO CITY, May 11- A Mexican delegation will visit China in September, sending the United States the message that Latin America's No. 2 economy "has lots of other alternatives," Mexico's economy minister Idelfonso Guajardo said on Thursday. President Donald Trump indicated he wanted to get the U.S. trade deficit with Mexico down to zero. Guajardo said expanding...

  • PARIS, May 11- France's exports of goods should rebound this year after a deterioration in the current account weighed on growth last year, the central bank said on Thursday. France's current account deficit doubled last year to 19 billion euros, or 0.9 percent of economic output, despite a lower energy import bill as its services surplus evaporated and exports...

  • MEXICO CITY, May 10- Mexico made a pitch to U.S. Responding to a March 31 executive order by Trump for a review of the U.S. trade deficit, Mexico said its trade surplus with the United States was misunderstood and that the real hit to U.S. manufacturing jobs came with China's accession to the World Trade Organization in 2001.. Mexico said that, without NAFTA, the average...

  • TOKYO, May 11- Japan's current account balance posted a stronger-than-expected surplus in March on solid income from overseas investments, maintaining a run of uninterrupted monthly surpluses that has continued for almost three years. Export-reliant Japan's persistent current account surpluses could elevate the thorny issue of trade imbalances with...

  • 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....