The trade deficit bounced back up last month as spending on data centers to feed the A.I. boom drove up imports.
Category: International Trade and World Market
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U.S. Trade Gap Ballooned in July
The New York Times – Business: -
Satsuki Katayama, the Woman at the Center of Japan’s Currency Fight
The New York Times – Business:Japan’s finance minister, Satsuki Katayama, is under pressure to strengthen the yen while balancing competing demands from the prime minister and Washington.
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Shein’s Lackluster Debut Shows a Fast-Fashion Model Left Behind
The New York Times – Business:Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on.
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How 6 Months of War in Iran Jolted Oil, Gas, Stocks and More
The New York Times – Business:How markets have moved six months into the war, and where they might be headed in the future.
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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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Canada Fires Back in Trade War Against Trump With Up to 50% Tariffs
The New York Times – On the Runway:Canada said the higher levies, on items from aluminum foil to dishwashers to fish, would help protect workers, producers and manufacturers harmed by new Trump tariffs.
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Trump’s Canada Tariffs Rely on Untested Law
The New York Times – Business:The president has invoked a long dormant section of law to hit one of America’s closest allies, a move that has troubled courts in the past.
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How U.S.-Canada Tariff Negotiations Turned Into an All-Out Trade War
The New York Times – On the Runway:Detailed accounts of the final hours of the negotiations show that, while the United States offered Canada what it said was the best deal of any country, what Canada had to give up in exchange was seen as unthinkable.
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U.S. Tariffs Could Price Canadian Firms Out of U.S. and Threaten Thousands of Jobs
The New York Times – Business:The 50 percent tariffs President Trump imposed on Canadian exports to the United States will make it impossible for many Canadian companies to continue to sell to the U.S. market, economists say.
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Trump Threatens Even Higher Tariffs on Canadian Exports After Talks Unravel
The New York Times – Business:The president renewed his threats against Canada on Monday. The countries are quickly entering a full-blown trade war.