News

US trade gap skids to 2-year low; tariffs exert pressure on service sector
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its ...
The Tariff Effect: Billions in Revenue but No Economic Earthquake
U.S. tariffs are higher than they have been in decades. Their effects have been mild.
Trade deficit sinks to 22-month low as businesses try to time Trump tariffs. GDP to get a boost.
The nation’s trade deficit in goods sank 11% in June to a 22-month low as U.S. companies grappled with on-again, off-again ...
Wealth Professional6h
Record quarterly deficit and tariff pressure reshape Canada’s trade focus
Canada posted its second-largest monthly trade deficit on record in June, hitting $5.9bn, as rising US tariffs pushed ...
US trade deficit hits nearly 2-year low; tariffs exert pressure on service sector
The trade gap with China shrank to its lowest in more than 21 years. Read more at straitstimes.com. Read more at straitstimes ...
Trump order imposes additional 25% tariff on goods from India
U.S.-India ties are facing their most serious crisis in years after talks with India failed to produce a trade agreement.
India calls threat of further US tariffs ‘unjustified’
India is one of the biggest buyers of Russian oil, but President Trump wants that to stop. He’s threatened India with even more tariffs, a move that India says is both‘unjustified’ and ‘unreasonable.’ ...
Wall Street Journal1d
U.S. Trade Gap Shrank in June to Lowest Since 2023
The trade deficit in goods and services shrank to $60.2 billion in June, the lowest level since September 2023. Total imports fell by $12.8 billion, or 3.7%, from May, according to the Commerce ...