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Cast up last week by the Department of Commerce’s Finance Division were the grand accounts of U. S. foreign trade and international payments for 1936. To foreigners the U. S. sold $2,453,000,000 ...
The balance of trade is one of the key components of a country's gross domestic product (GDP) formula. GDP increases when there is a trade surplus: that is, the total value of goods and services ...
Balance of trade is a useless measure of economic vitality. Trade deficits are not a measure of lost income or jobs; trade surpluses are not necessarily good things nor signs that a nation is ...
You rightly call out Commerce Secretary-designate Wilbur Ross for mistakenly asserting that “Econ 101” teaches that a trade deficit reduces GDP and “weakens our economy.” ...
Mexico’s balance rose by a whopping 12.5 percent. And recall that Trump had claimed that Mexico had “paid for the wall” through the change in trade flows wrought by his USMCA agreement.
The “Balance of Payments — Current Account and Capital Account” main lesson page is here, it’s part of the Khan Academy Macroeconomics section on “Foreign Exchange and Trade.” Lesson 1 ...
President Donald Trump and his administration are racing to get trade deals done ahead of a self-imposed deadline, at which point tariffs are set to rise for dozens of countries across the world.
The actual trade balance stood at 3.657 billion euros, falling short of the anticipated 5.200 billion euros. This marks a decline from the previous month’s figure of 4.444 billion euros, ...
John Phipps says positive or negative, any trade balance has dubious value, and only limited prediction power. Other than bragging rights, they mean little with no economic advantage for having a ...