Browsing: International trade


The U.S. international trade deficit widened in May to $41.9 billion, up $1.2 billion from April. The increase reflects a $1.5 billion decrease in exports and $0.3 billion decrease in imports.


In preparation for this week’s U.S.-China Strategic and Economic Dialogue meetings, ABA and other groups that comprise the Engage China coalition reiterated the need for accelerated reform of China’s financial system. “A modern and competitive financial system, one that includes full participation by non-Chinese financial services institutions… is imperative for China to continue to meet