The US merchandise-trade deficit narrowed in February for the first time in four months on stronger exports, though high ...
For example, the US trade deficit with Canada exists largely because the US imports a large quantity of cheap Canadian heavy crude oil that helps keep gas prices down for American drivers.
US exports not only reduce deficits, they also bring higher-paying jobs and greater innovation. A tariff-driven trade war ...
The nation’s biggest trading partners—Mexico, Canada and China—contribute a sizable share of the gap. But the U.S. last year ran a trade deficit with more than 100 countries, according to ...
(Bloomberg) -- The US trade deficit widened to a record in January ... and on Tuesday he handed down sweeping 25% duties on Canada and Mexico while doubling tariffs on Chinese goods to 20%.
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