US trade deficit hits record high in January on imports surge
The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that ...
Amid U.S.-Canada trade war, Trump makes some false or misleading claims to justify tariffs
President Trump has imposed steep tariffs on Canadian goods, citing trade imbalances and drug trafficking. But many of his claims exaggerate or misrepresent the facts.
All goods will likely be exempt from Canada, Mexico tariffs for a month, Commerce Secretary Howard Lutnick says
Commerce Secretary Howard Lutnick indicated that President Donald Trump is expected to delay imposing 25% tariffs on Canada ...
Foreign Affairs3d
The Incoherent Case for Tariffs
Over this period, he has also announced, suspended, announced again, and suspended again 25 percent tariffs on goods from ...
Pakistan pauses rate cuts, but likely not for long
With inflation cooling, Pakistan's central bank hit pause on its multiple rounds of monetary easing that might have risked ...
KCRW2d
Wage disparities and higher valued imports help explain the current agricultural trade deficit
The adverse effect wage rate is the required hourly rate for laborers working under an H2A visa. The rate is determined by ...
Nasdaq10d
Trade Deficit Widened in January
The European Central Bank (ECB) lowered interest rates 25 basis points (bps ... a plurality of analysts had thought a burgeoning trade war between the EU and the U.S. may have signaled a more ...
Trump says South Korea wants to invest in the Alaska gas pipeline. Does it?
Some officials in South Korea say agreeing to the pipeline investment might placate the U.S., but Trump is still threatening ...
U.S. News & World Report10d
US Trade Deficit Hits Record High in January on Imports Surge
The deterioration in the trade deficit and drop in consumer spending ... currently forecasting GDP declining at a 2.8% annualized rate this quarter. The economy grew at a 2.3% in the October ...