Tag Archives: international trade

BAFT Outlines Priorities for Modernizing U.S. Trade Policy

As the Trump administration considers strategies for modernizing U.S. trade policy, BAFT -- ABA’s global transaction banking subsidiary -- wrote to policymakers outlining several priorities to promote free and fair trade and increase economic growth and job creation.

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BAFT Elects New Officers

BAFT, ABA’s global transaction banking subsidiary, today announced the election of new officers for the 2017-2018 association year.

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International Trade Orgs Release Trade Transaction Compliance Guide

BAFT -- ABA’s global transaction banking subsidiary -- and the Wolfsberg Group and the Banking Commission of the International Chamber of Commerce today released a set of trade finance principles that address the due diligence required by global and regional financial institutions of all sizes in the financing of international trade.

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International Trade Balance Widened in October

The U.S. international trade deficit expanded in October to $42.6 billion, up from $36.2 billion in September, according to the U.S. Census Bureau of Economic Analysis. The expansion reflected a $3.4 billion decrease in exports along with a $3.0 billion increase in imports. The goods deficit increased $6.3 billion to $63.4 billion, while the services surplus fell $0.1 billion to ...

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International Trade Balance Narrowed in September

The U.S. international trade deficit narrowed in September to $36.4 billion, down from $40.5 billion in August, according to the U.S. Census Bureau and the Bureau of Economic Analysis. The narrowing reflected a $1.0 billion increase in exports along with a $3.0 billion decrease in imports. The goods deficit decreased $2.6 billion to $57.5 billion, while the services surplus increased ...

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International Trade Balance Widened in June

The international trade deficit widened in June to $44.5 billion, up $3.6 billion from May, according to the U.S. Census Bureau and the Bureau of Economic Analysis. The widening of the deficit was driven by a $4.2 billion increase in imports, partially offset by a $0.6 billion increase in exports. The goods deficit increased $3.8 billion to $66.0 billion, while ...

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U.S. Foreign Trade Deficit Widened in October

The U.S. international trade deficit widened in October to $43.9 billion, up $1.4 billion from September. October exports were $184.1 billion, down $2.7 billion on the month, while imports fell $1.3 billion to $228.0 billion. The goods deficit increased $2.1 billion to $63.1 billion, while the surplus in services increased by $0.6 billion to $19.2 billion. Exports of goods decreased ...

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