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Trade deficit shrinks for fourth straight month
WASHINGTON — The U.S. trade deficit narrowed in October to its lowest point of the year after Americans bought fewer foreign cars and imported less oil. The shrinking trade gap […]
Oil imports drove May trade deficit to $50.2B
WASHINGTON — The U.S. trade deficit surged in May to the highest level in more than two and a half years, driven upward by a big increase in oil imports. […]
Trade deficit narrows in April to $43.7 billion
WASHINGTON — American companies sold more computers, heavy machinery and telecommunications equipment in foreign markets in April, pushing exports to a record high. Imports declined, reflecting a big drop in […]
Port of Baltimore trade up nearly 50 percent in 2011
Foreign trade at the Port of Baltimore jumped by nearly 50 percent in 2010, driven largely by shipments of sugar, salt and other bulk cargo, the state announced Thursday. The […]
February trade deficit narrows to $45.8 billion
WASHINGTON — U.S. companies sold fewer products overseas in February but the trade deficit still narrowed because of a big decline in oil imports. The trade deficit fell 2.6 percent […]
Egypt targets $10 billion in outsourcing exports
CAIRO — Egypt hopes to see a tenfold increase in exports from its growing outsourcing industry by 2020 and will boost its focus on information technology entrepreneurship and co-ownership of […]
