• China just slammed massive tariffs on $34 billion worth of US goods - here's what will get hit

    4 monthes ago - By Business Insider

    China responded to President Donald Trump's tariffs with trade restrictions of their own on Friday.
    The Chinese tariffs will apply to $34 billion worth of US exports to China.
    The list of goods hit by the tariffs includes soybeans, pork, fish, orange juice, and whiskey.
    Here's a rundown of the major products.
    The trade war between the US and China officially launched on Friday, as both countries imposed back-and-forth tariffs .
    In response to President Donald Trump's 25% tariff on $34 billion worth of Chinese goods, China's Ministry of Commerce announced tariffs of equal size on certain US...
    Read more ...

     

  • China just slammed massive tariffs on $34 billion worth of US goods - here's what will get hit

    China just slammed massive tariffs on $34 billion worth of US goods - here's what will get hit

    4 monthes ago - By Business Insider

    China responded to President Donald Trump's tariffs with trade restrictions of their own on Friday.
    The Chinese tariffs will apply to $34 billion worth of US exports to China.
    The list of goods hit by the tariffs includes soybeans, pork, fish, orange juice, and whiskey.
    Here's a rundown of the major products.
    The trade war between the US and China officially launched on Friday, as both countries imposed back-and-forth tariffs .
    In response to President Donald Trump's 25% tariff on $34 billion worth of Chinese goods, China's Ministry of Commerce announced tariffs of equal size on certain US...
    Read more ...

     

  • Trade Deficit decreased to $43.1 Billion in May

    Trade Deficit decreased to $43.1 Billion in May

    4 monthes ago - By Calculated Risk

    From the Department of Commerce reported :
    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $43.1 billion in May, down $3.0 billion from $46.1 billion in April, revised.... May exports were $215.3 billion, $4.1 billion more than April exports. May imports were $258.4 billion, $1.1 billion more than April imports.
    Read more ...

     

  • US trade deficit drops to $43.1 billion in May

    US trade deficit drops to $43.1 billion in May

    4 monthes ago - By Chron

    WASHINGTON - The U.S. trade deficit dropped in May to the lowest level in 19 months as U.S. exports rose to a record level. But the trade gap between the United States and China increased sharply, underscoring the economic tensions between the world's two biggest economies.
    The Commerce Department says the May trade deficit - the difference between what America sells and what it buys in foreign markets - fell 6.6 percent to $43.1 billion. It was the smallest imbalance since October 2016.
    Exports climbed 1.9 percent to a record $215.3 billion. Imports were up a smaller 0.4 percent to $258.4...
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  • The Netflix of China hits a one-month low

    The Netflix of China hits a one-month low

    4 monthes ago - By Business Insider

    IQiyi is losing ground Friday morning, sending it to a one-month low.
    Shares tumbled into a bear market in June.
    Still, millennials seem to like the stock.
    Watch iQiyi trade in real time here.
    Shares of iQiyi , one of China's streaming giants, hit a one-month low of $28.96 apiece Friday morning. It's down more than 2% on the day.
    On June 22, shares tumbled into a bear market. The drop appeared to have been related to technical weakness. Selling pushed prices below the trendline that was in place from the rally that occurred from May 21 to June 19. Over that time, shares more than doubled...
    Read more ...

     

  • The Netflix of China hits a one-month low

    The Netflix of China hits a one-month low

    4 monthes ago - By Business Insider

    IQiyi is losing ground Friday morning, sending it to a one-month low.
    Shares tumbled into a bear market in June.
    Still, millennials seem to like the stock.
    Watch iQiyi trade in real time here.
    Shares of iQiyi , one of China's streaming giants, hit a one-month low of $28.96 apiece Friday morning. It's down more than 2% on the day.
    On June 22, shares tumbled into a bear market. The drop appeared to have been related to technical weakness. Selling pushed prices below the trendline that was in place from the rally that occurred from May 21 to June 19. Over that time, shares more than doubled...
    Read more ...

     

  • The Netflix of China hits a one-month low

    The Netflix of China hits a one-month low

    4 monthes ago - By Business Insider

    IQiyi is losing ground Friday morning, sending it to a one-month low.
    Shares tumbled into a bear market in June.
    Still, millennials seem to like the stock.
    Watch iQiyi trade in real time here.
    Shares of iQiyi , one of China's streaming giants, hit a one-month low of $28.96 apiece Friday morning. It's down more than 2% on the day.
    On June 22, shares tumbled into a bear market. The drop appeared to have been related to technical weakness. Selling pushed prices below the trendline that was in place from the rally that occurred from May 21 to June 19. Over that time, shares more than doubled...
    Read more ...

     

  • U.S. International Trade in Goods and Services, May 2018

    4 monthes ago - By U.S. Bureau of Economic Analysis

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $43.1 billion in May, down $3.0 billion from $46.1 billion in April, revised. May exports were $215.3 billion, $4.1 billion more than April exports. May imports were $258.4 billion, $1.1 billion more than April imports. Full Text
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  • US trade deficit drops to smallest since before 2016 election

    4 monthes ago - By CNBC

    Commerce Department said the trade deficit, the gap between what the U.S. exports and what it imports from foreign countries, was $43.1 billion for the month of May, down 6.6 percent from April.
    Read more ...

     

  • US trade deficit drops to $43.1 billion in May, lowest in 19 months as exports hit record

    4 monthes ago - By Chron

    WASHINGTON - US trade deficit drops to $43.1 billion in May, lowest in 19 months as exports hit record.
    Read more ...