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Economic Reports Trade Balance

  • I'm more diversified than ever: Larry Bossidy

    Larry Bossidy, former Honeywell CEO, shares his thoughts on the market and where he is investing his money.

  • Tax reform unlikely to be revenue neutral: Larry Bossidy

    Larry Bossidy, former Honeywell CEO, shares his expectations on what tax reform legislation will finally look like.

  • Mexico is not a backdoor for Chinese imports: Mexico's Guajardo

    Ildefonso Guajardo, Mexico's economy secretary, talks trade and renegotiating term of the North American Free Trade Agreement.

  • RASTATT, Germany, June 2- German car and truck manufacturer Daimler said its plans to expand manufacturing at a plant in Alabama predates U.S. He used Twitter this week to attack Germany partly for its trade policies, flagging the United States' "massive trade deficit with Germany." Last year, around 545,000 cars were shipped from Germany to the United States, German...

  • TORONTO, June 2- The Canadian dollar was little changed against its broadly weaker U.S. counterpart on Friday, recovering from an earlier two-week low as data showing a rise in Canada's exports offset the impact of slumping oil prices. Prices of oil, one of Canada's major exports, fell to a three-week low on worries that U.S. Canada's trade deficit in April narrowed...

  • Statistics Canada said on Friday that the April trade deficit narrowed to C $370 million as exports outpaced imports for a second straight month on shipments of motor vehicles and parts. After struggling for years to adjust to sharply lower prices of crude oil, Canada's economy appears finally to be on a sustainable path to recovery. "The Bank of Canada has been...

  • OTTAWA, June 2- Canada's trade deficit in April narrowed to C $370 million as exports outpaced imports for a second month in a row to hit a new record high on shipments of motor vehicles and parts, Statistics Canada said on Friday. Exports to the United States, which accounted for 75.7 percent of all Canadian exports in April, soared by 5.4 percent while imports grew...

  • BERLIN, June 1- The euro exchange rate is too low for the German economy's competitiveness and Germany's trade surplus would be only half as large without the European Central Bank's loose monetary policy, the German Finance Minister said on Thursday. "Moreover, our current account surplus, which is really the source of the international debate, has to do with an...

  • BERLIN, May 31- Germany's DIHK Chambers of Commerce on Wednesday raised its forecast for exports to the United States for 2017 despite widespread concerns about protectionism since Donald Trump became president. Trump has repeatedly criticised Germany's large trade surplus and on Tuesday he tweeted that Germany's trade and spending policies were "very...

  • BEIJING, May 31- China's trade deficit in services narrowed to $18.3 billion in April from $22.1 billion in March, the foreign exchange regulator said on Wednesday.

  • German Chancellor Angela Merkel and U.S. President Donald Trump arrive for a group photo at a G7 summit on May 26, 2017 in Taormina, Italy.

    The president's angry tweets about Germany's "unfair" trade practices could leave the U.S. as the odd man out in the global economy.

  • FRANKFURT, May 30- Daimler's Mercedes-Benz "sees value" in having more suppliers in the U.S. state of Alabama, where it has a factory in Tuscaloosa, the group said on Tuesday. President Donald Trump took to Twitter to attack Germany partly for its trade policies, flagging the United States' "massive trade deficit with Germany." Both Daimler's Mercedes-Benz and BMW...

  • FRANKFURT, May 30- Daimler's Mercedes-Benz "sees value" in having more suppliers in the U.S. state of Alabama, where it has a factory in Tuscaloosa, the group said on Tuesday. President Donald Trump took to Twitter to attack Germany partly for its trade policies, flagging the United States' "massive trade deficit with Germany." Both Daimler's Mercedes-Benz and BMW...

  • *Canadian dollar at C $1.3490, or 74.13 U.S. cents. Prices of oil, one of Canada's major exports, were pressured may not be enough to drain a global glut that has depressed the market for almost three years. Canada's current account deficit widened more than expected in the first quarter of the year on an increase in imports of both good and services, data from...

  • US needs to sell more agriculture to Europe: Expert

    Anthony Gardner, former U.S. ambassador to the European Union, talk about the U.S. and its relationship with trade partners.

  • 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.

  • 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.