Markets

US goods-trade deficit widens to record $82.9 billion in August as imports surge

The US goods-trade deficit widened to a record in August as companies rushed to meet stronger consumer spending with increased importing. The trade gap jumped to $US82.9 billion from $US80.1 billion, the Commerce Department reportedThursday. Economists surveyed by Bloomberg expected a reading of $US81.8 billion. Imports climbed 3.1% to $US201.3 […]
US goods-trade deficit widens to record $82.9 billion in August as imports surge
Markets

A small Minnesota company that sells replacement parts for cars and ATVs filed more than 10,000 requests for exemptions from tariffs on imported Chinese goods

The US government has received more than 16,000 requests for exemptions from new tariffs on imported Chinese goods, the majority of which came from one small Minnesota replacement parts company, the Wall Street Journal reports. President Donald Trump claims that China is paying the price of these tariffs. But companies […]
A small Minnesota company that sells replacement parts for cars and ATVs filed more than 10,000 requests for exemptions from tariffs on imported Chinese goods