Browsing: International trade

Newsbytes

The American Bankers Association, along with other members of the Engage China Coalition, wrote to Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer today thanking them for their work to include the financial services industry in the recent Phase One trade agreement signed between the U.S. and China.

Economy

BAFT—ABA’s global transaction banking subsidiary—and the Wolfsberg Group and the International Chamber of Commerce today released appendices to their 2017 set of trade finance principles, which address the due diligence required by global and regional financial institutions of all sizes in the financing of international trade.

Economy

The U.S. international trade deficit widened in October, rising 1.7 percent to $55.5 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Imports rose by 0.2 percent, while exports declined by 0.1 percent. September’s trade deficit was revised from $54.0 billion to $54.6 billion. The goods deficit increased 1.0 percent

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Economy

The U.S. international trade deficit widened in September, rising 1.3 percent to $54.0 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Both imports and exports rose by 1.5 percent. August’s trade deficit was downwardly revised from $53.2 billion to $53.3 billion. The goods deficit increased 0.8 percent to $77.2

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Ag Banking

In an uncertain trade policy environment, agricultural lenders and producers prepare for difficult times on the farm.

Economy

The U.S. international trade deficit widened in August, rising 6.4 percent to $53.2 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Imports rose 0.6 percent, while exports fell 0.8 percent. July’s trade deficit was downwardly revised from $50.1 billion to $50.0 billion. The goods deficit increased 4.8 percent to

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