Tue, 21-Oct-2025

US trade gap yawns wider as imports outspace exports in August

exports

WASHINGTON, Oct 5, 2021 (AFP) – The US trade deficit rose in August with imports overwhelming exports as the US economy bounces back from last year’s pandemic shock, government data said Tuesday. The Commerce Department reported the trade deficit climbed to $73.3 billion from the upwardly revised $70.3 billion the month prior, more than analysts had … Read more

Advanced Asian stocks boosts positive signals about US-China trade deal

asian trade

Asian shares that were mostly higher on Monday has made optimistic views that the US and China may be edging closer to a trade deal. Japan’s benchmark Nikkei 225 surged 0.8 percent to 23,292.81, while Australia’s S&P/ASX 200 added 0.3 percent to 6,731.40. South Korea’s Kospi gained 1 percent to 2,123.50. Hong Kong’s Hang Seng … Read more