Trade News Updates

Business

Trade Gap Widens as Exports Fall to 4-Year Low

The trade deficit widened in December as stable U.S. domestic demand supported imports while weaker growth abroad held back overseas sales.

February 8, 2016
Business

Trade Gap Widens on Drop in US Exports

The trade deficit widened in October as weaker foreign orders for U.S. goods and services outweighed a cooling in imports.

December 4, 2015
Business

Trade Gap Narrows on Lowest Oil Imports in a Decade

The U.S. trade gap shrank in September to a seven-month low, reflecting declining purchases of foreign fuel as the world鈥檚 largest economy continued its drive toward energy independence.

November 4, 2015
Business

Trade Gap in US Widened in August by Most in Five Months

The U.S. trade deficit widened in August by the most in five months as imports picked up and weaker overseas growth limited sales to customers abroad.

October 6, 2015
GovernmentBusiness

Pacific Rim Nations Led by US Agree to Historic Trade Deal

A dozen Pacific Rim nations agreed to an historic pact that would cut trade barriers on items ranging from cars to rice, setting up a potentially contentious ratification vote before a skeptical U.S. Congress.

October 5, 2015
Business

Shrinking US Trade Gap Shows Economy's Underlying Strength

The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown.

September 3, 2015
Business

Trade Deficit Widens, Showing Effect of Strong US Dollar

The trade deficit in the United States聽widened in June as the strong dollar lifted imports and hobbled exports, representing a hurdle for economic growth.

August 5, 2015
Business

Trade Gap Grew in May as Exports Fell Most in Three Months

The U.S. trade deficit widened in May as exports declined by the most in three months, showing businesses were having trouble drumming up sales to overseas customers.

July 7, 2015
Business

Obama Signs Two Bills, Advancing Trade Plan

President聽 Obama signed two pieces of legislation June 29 that together will allow him to move his trade agenda forward and continue negotiating the Trans-Pacific Partnership free trade agreement.

June 30, 2015
GovernmentBusiness

Senate Sends Fast-Track Free Trade Bill to Obama

The Senate sent President Obama legislation granting fast-track trade-negotiation authority, a hard-fought victory intended to aid completion of an agreement with Pacific nations that is a top second-term priority.

June 24, 2015