Tag: Exports
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The August goods and services gap blew out to $105.6 billion, the widest in 19 months, as record capital goods imports driven by artificial intelligence buildout overwhelmed the tariff wall that was supposed to narrow it. WASHINGTON, Oct. 7, 2026 The U.S. trade deficit widened to $105.6 billion in August, the Census Bureau and the…
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The August goods and services deficit widened to $105.6 billion as imports surged 4.3 percent, overshooting forecasts and raising fresh questions about whether a rebuilt tariff wall is doing what its architects promised WASHINGTON, Oct. 6, 2026 The U.S. trade deficit in goods and services widened sharply in August to $105.6 billion, according to the…
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The head of the World Trade Organization says the trading system has surprised her by holding together. The number she uses to prove it is also the clearest available measure of how much ground it has lost. GENEVA, October 7, 2026. Ngozi Okonjo-Iweala has spent much of the past year being asked when the multilateral…
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Canada posted a record $11.2 billion merchandise surplus with the United States in August as shippers raced to beat Washington’s Section 338 duties. Economists call it a borrowed quarter. OTTAWA, Oct. 7, 2026. Canada’s merchandise trade surplus with the United States widened to $11.2 billion in August from $6.1 billion in July, the largest one-month…
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At 12:01 a.m. on September 29 the United States stopped accepting roughly $967 million in Canadian dairy, motorcycles and beverages under a revived 1930 statute. Three days on, the measure has exposed how little protection CUSMA now offers, how exposed single-market exporters have become, and how few good options remain on either side. OTTAWA, October…
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Washington’s Section 338 prohibition on packaged Canadian alcohol took effect September 29, closing a market worth roughly $1.2 billion a year to Canadian distillers, brewers and wineries. Ottawa and the provinces are scrambling with liquidity support while producers discover that a bulk-shipment loophole is dividing the industry into winners and losers. OTTAWA, October 2, 2026…
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Indonesia has lifted its October crude palm oil reference price to 1,042.15 dollars a tonne, pushing the combined export duty and levy above 308 dollars and widening the cost gap that has handed Malaysia a structural advantage JAKARTA, October 2, 2026 Indonesia’s government has set the crude palm oil reference price for October 2026 at…
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Washington and Beijing publish the first product schedules under a new “30-for-30” tariff reduction framework, covering roughly $60 billion in two-way trade, but the lists arrive without rates, without effective dates, and without the strategic sectors that matter most. WASHINGTON, Oct. 1, 2026. The United States and China have published the first concrete product schedules…
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Vietnamese, Indian, Japanese, Turkish and Taiwanese mills face a narrowing European door as the scope consultation closes on October 11 HANOI and BRUSSELS, October 1, 2026 / Asia’s steel exporters have eleven days to make their case in Brussels. The European Commission’s Directorate-General for Trade and Economic Security opened a targeted consultation on September 28…
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Statistics Canada reported no growth in real gross domestic product for July, a reading taken before the heaviest United States tariffs entered the data. Economists say the damage arrives in the fourth quarter, and the Bank of Canada meets on October 28 with a dilemma on its hands. OTTAWA, September 30, 2026 | Canada’s economy…