Why Does the U.S. Always Run a Trade Deficit?
https://libertystreeteconomics.newyorkfed.org/2025/05/why-does-the-u-s-always-run-a-trade-deficit/
#HackerNews #TradeDeficit #USEconomy #EconomicPolicy #InternationalTrade #TradeBalance
If the US wants to protect its manufacturing base — fair enough. But then it's high time we in Europe protect, rebuild, and strengthen our own service economy.
#TradeBalance #BuyEuropean #EuropeanAlternatives #DigitalAutonomy
Der Welt-#Deal mit und ohne #Trump (Statista + Leitkommentar-Essay) #DonaldTrump, a #Dealmaker's Tale #Tariffs #TariffWar #USA #Canada #Mexico #EU #China #Economy #Wirtschaft #Geopolitik #Geopolitics #Welthandel #TradeWar #TradeBalance #PolicialInstinct
China’s October trade data shows a strong performance in exports, which surged 12.7% YoY, beating the 5% consensus and the prior 2.4%. Imports, however, declined by 2.3% YoY, deeper than the expected -1.5% and down from 0.3% previously. This resulted in a robust trade balance of $95.72B, surpassing the $73.5B forecast and up from $81.71B last month.
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The U.S. Goods Trade Balance for Sept came in at -$108.23B, missing the -$95.90B consensus and down from -$94.22B in Aug, indicating a larger trade deficit than expected.
#US Retail Inventories ex-Auto rose slightly by 0.1% in Sept, a deceleration from the previous 0.5%, reflecting slower inventory growth in non-auto retail.
#Canada's Wholesale Sales rose by 0.9% in Sept, bouncing back from a -0.6% drop in Aug, signaling a recovery in wholesale activity.
Eurozone inflation data for September shows Core CPI holding at 2.7% YoY, matching forecasts. Headline CPI fell to 1.7% YoY, slightly below the expected 1.8%, with a -0.1% MoM change. Trade balance for August came in at €4.6B, missing the €17.8B estimate and dropping sharply from the previous €21.2B. The data shows weaker inflation pressures and a decline in trade surplus.
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