US trade deficit

Narendra Modi, Donald Trump discuss trade, cooperation in Afghanistan

The US has slapped tariffs on imports of steel and aluminium from India, part of Trump's drive to reduce the US trade deficit and boost American manufacturing jobs.

Jan 08, 2019, 06:33 AM IST

China denies it offered package to slash US trade gap by $200 billion

Earlier on Friday, China announced that it was ending its sorghum investigation, which had effectively halted a trade worth roughly $1.1 billion last year.

May 18, 2018, 14:10 PM IST

US ready for trade war: Donald Trump

Trump defended his decision not to have a country specific exemption on his steel and aluminium tariff.

Mar 07, 2018, 11:30 AM IST

US trade gap widens in October on record imports

The trade deficit for the month was pushed by rising oil prices, as well as record imports from China ahead of the holiday shopping season, the Commerce Department said in its monthly report.

Dec 05, 2017, 19:51 PM IST

Donald Trump lashes out at Germany over trade, NATO, promises change

Relations between the US and Germany veered further toward crisis today as President Donald Trump complained about the US trade deficit with Germany and said it must pay more for the NATO military alliance.

May 30, 2017, 23:42 PM IST

US President Donald Trump lashes out at Germany over trade, NATO, promises change

Relations between the US and Germany veered further toward crisis on Tuesday.

May 30, 2017, 23:42 PM IST

US trade deficit falls as exports hit more than 1-1/2 year high

The US trade deficit fell more than expected in December as exports rose to their highest level in more than 1-1/2 years, outpacing an increase in imports.

Feb 07, 2017, 22:08 PM IST

US trade deficit shrinks to 9-month low

The US trade deficit shrank in November to a nine-month low as a sharp drop in imports outpaced a decline in exports, the Commerce Department said Wednesday.

Jan 06, 2016, 20:44 PM IST

US trade deficit grows as exports hit 3-year low

The trade gap widened to $43.9 billion in October from an upwardly revised September reading of $42.5 billion.

Dec 04, 2015, 19:20 PM IST

US trade deficit drops to $41.9 billion in July

The US trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.

Sep 03, 2015, 21:33 PM IST

US trade gap narrows in July

The US trade deficit narrowed in July as exports increased and imports fell sharply, led by a decline in consumer goods, the Commerce Department reported Thursday.

Sep 03, 2015, 19:02 PM IST

US trade deficit widens to $41.9 bn in May

The US trade deficit widened modestly in May as exports fell more than imports, the Commerce Department reported Tuesday.

Jul 07, 2015, 18:41 PM IST

US trade gap falls in April as ports bottleneck ebbs

The US trade deficit fell back to a more normal level in April after a surge the previous month as the distortions from the West Coast port slowdown began to ebb.

Jun 03, 2015, 21:16 PM IST

US economy contracts in first-quarter; dollar hurts corporate profits

The government on Friday slashed its gross domestic product estimate to show GDP shrinking at a 0.7 percent annual rate instead of the 0.2 percent growth pace it estimated last month.

May 30, 2015, 09:23 AM IST

Dollar softens in Asian trade as US trade deficit widens

Analysts said the yawning trade gap had raised questions about the outlook for an increase in US interest rates, a move that would be supportive of the greenback.

May 06, 2015, 09:38 AM IST

US trade deficit balloons to six-year high in March

The US trade deficit swelled in March to a six-year high on a surge in imports from the end of the West Coast port strike backed by the strong dollar.

May 05, 2015, 18:59 PM IST

US trade deficit jumps 17.1% to $46.6 billion

The US trade deficit in December jumped to the highest level in more than two years as American exports fell and imports climbed to a record level.

Feb 05, 2015, 22:04 PM IST

US trade deficit shrinks sharply in November

The US trade deficit shrank sharply in November to the smallest gap in nearly a year as imports fell more than exports, government data released Wednesday showed.

Jan 07, 2015, 21:30 PM IST

Wider US trade deficit, weak exports point to slower growth

The US trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth in the final three months of the year.

Nov 04, 2014, 21:44 PM IST

US trade deficit falls in May

In April, the US trade deficit had hit its highest level in two years.

Jul 03, 2014, 19:18 PM IST