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Economic Reports Trade Balance

  • *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.

  • Wilbur Ross: Lots of unfair trade between US and partners

    Commerce Secretary Wilbur Ross talks about President Trump's tarriff on soft lumber, and renegoiating trade deals with other countries.

  • Wilbur Ross: Alumunim a target of national security study

    Commerce Secretary Wilbur Ross talks about the administration's efforts to see if aluminum has beocome a national security issue and which trading partners are not "playing by the rules."

  • Wilbur Ross: Canada and Mexico 'agreeable' to negoitiating

    Commerce Secretary Wilbur Ross provides insight to the conversation President Trump had with the leaders of Mexico and Canada about NAFTA.

  • BEIJING, April 27- China's trade deficit in services widened to $22.1 billion in March from $17.6 billion in February, the foreign exchange regulator said on Thursday.

  • Beginning of NAFTA renegotiation?

    Neeraj Seth, BlackRock, says Trump can negotiate trade pacts but it would be impossible to unwind the global supply chain.

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

    The West's rising protectionism is a threat to Asia’s prosperity, Tommy Koh, Singapore's ambassador-at-large, said Thursday.

  • US-China trade war was never a risk: Academic

    Both countries just needed to understand the other's relative position on trade, says Andrew Delios from NUS Business School.