The World Trade Organization has supported the Obama administration’s decision in September 2009 to enact tariffs on Chinese tires imported to the U.S. The WTO said the president’s claim that such imports disrupted the domestic…
Aided by a jump in exports and a dip in imports, the U.S. trade deficit unexpectedly plunged to $38.7 billion in October, the U.S. Commerce Department said. A weaker dollar is making U.S. industrial and agricultural goods and s…
Aided by a decline in imports and a two-year high in exports, the U.S. trade deficit unexpectedly plunged 5.3% in September to $44 billion. Strong commercial airline orders helped boost the export total. Further, if the dollar …
China posted its second-largest trade surprlus of the year in October, giving further ammunition to critics who say that the country’s currency should be stronger.
The country’s October exports were worth $27.15 billion more than its imports for the month, the largest figure for any month this year except July, MarketWatch reported.
Critics charge that China keeps the value of its…
Continue reading China Trade Surplus Grows to $27 Billion
China Trade Surplus Grows to $27 Billion originally appeared on DailyFinance on Wed, 10 Nov 2010 07:06:00.
By buying Omega watches from an overseas distributor, Costco has been able to sell them at well below the suggested retail price. Can Swatch use its copyright to stop Costco? The U.S. Supreme Court’s decision could have broad i…