According to a report by Reuters, the US trade deficit leapt to a 10 year-high in October as soybean exports continued to fall and imports of consumer goods reached a record high. On Thursday, the Commerce Department said that the trade deficit increased 1.7 percent to 55.5 billion, the highest level...
According to Business Insider, the monthly US trade deficit narrowed in November after increasing for five straight months, including with China.
The Commerce Department said Tuesday that the overall..
The world's second-largest economy posts its slowest economic growth in 28 years. China is grappling with weak investment and faltering consumer confidence while navigating a trade war with Washington..
China's exports unexpectedly fell the most in two years in December, while imports also contracted, pointing to further weakness in the world's second-largest economy in 2019 and deteriorating global..