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Posts Tagged ‘trade’

Lawmakers seek tougher stance on China trade

by Associated Press Published: October 25,2011

Tags: china, Housse of Representatives, trade

House lawmakers are urging the administration to apply more pressure on what they call China’s “predatory” trading practices, but show division on whether to pass legislation punishing China for manipulating its currency. House Ways and Means Committee members presented a long list of grievances they say contribute to China’s massive trade advantage, including its undervalued currency. But [...] [...]

Getting trade basics and numbers wrong (access required)

by Raymond Keating Published: June 24,2011

Tags: exports, imports, Keating, trade

Why do so many (most?) business reporters and television talking heads, along with a boatload of economists, get the story dead wrong on trade? Whenever the latest U.S. trade numbers — i.e., exports, imports and the trade balance — are released, if imports are up and the trade deficit expands, a cacophony of voices spout off [...] [...]

Trade gap likely points to slower economic growth

by Associated Press Published: August 11,2010

Tags: exports, recession, trade

A decline in exports and a sharp rise in imports pushed the U.S. trade deficit in June to its widest point since October 2008, raising new concerns about the weakening economic recovery. The $49.9 billion gap is worrying economists, who fear it means the U.S. economy grew at half the rate in the April-to-June quarter than [...] [...]

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