Yanis Varoufakis shows why the incoming US administration can’t eliminate the negative balance – and wouldn’t even if it ...

There is a potential solution that should be acceptable to Republicans, since they floated it not too long ago, and would ...

While the president-elect says he will impose a 25 percent tariff on everything Canada exports, Trudeau remains confident ...

The Second Twin: Current Account Deficit A current account is a measure of a country’s trade and financial transactions with the rest of the world. This includes the difference between the value ...

For the month of October 2024, the merchandise trade deficit widened to $27.14 Billion amidst a sharp spike in exports. Total trade (exports plus imports) for October at $105.54 Billion ...

However, India’s merchandise trade deficit, which rose to a 13-month high of USD 27.1 billion in October 2024, poses some challenges. This widening was driven by increased imports of oil and gold, ...

New Delhi: India’s merchandise trade deficit widened to a two-month high in October, driven by a rise in imports, data released by the commerce ministry on Thursday showed. A year ago ...

Imports were higher by 3.9 percent during the same period. Despite this, sequentially, the goods trade deficit widened to $27.14 billion in October from $20.8 billion in the previous month due to ...

The United States trade deficit contracted by the most in nearly 14 years in November as slowing domestic demand amid higher borrowing costs depressed imports. The trade deficit decreased 21.0% to ...

Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas. Japan’s trade deficit totaled 78.7 billion yen ($539 ...

In contrast, if a country imports more than it exports (known as a trade deficit), there is relatively less demand for its currency, so prices should decline. In the case of currency, it ...

India has run up a trade deficit of almost $57 billion with Russia, largely due to massive purchases of Russian crude since 2022. In July, the two sides set a target of ramping up trade to $100 ...