The U.S. trade deficit narrowed in May from April, helped by cheaper oil that lowered imports and an increase in American exports to Europe and China.

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Topics:  u.s    april   american   europe   china   exports   trade deficit   cheaper oil   lowered imports   
BING NEWS:
  • Oil rises as dollar slips, focus shifts to economic data
    Oil prices edged higher in early Asian trading on Tuesday, reversing losses from the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East.
    04/23/2024 - 9:08 am | View Link
  • Turkey Current-Account Deficit Widened in February
    By Ed Frankl Turkey booked a larger deficit in its current account in February, with imports rising more than exports as oil prices crept up. Its balance ...
    04/16/2024 - 8:18 pm | View Link
  • Euro Zone Trade Surplus Surges in Feb
    BRUSSELS (Reuters) - Euro zone exports ... This lowered the bloc's trade deficit in energy to 28.2 billion euros from 35.4 billion a year earlier. While EU imports fell from most of its biggest ...
    04/15/2024 - 6:05 pm | View Link
  • India’s Trade Deficit Narrows to 11-Month Low in March
    The gap between exports and imports stood at $15.6 billion in March, Trade Ministry data showed Monday. The reading is lower than the $19 billion deficit forecast by economists in a Bloomberg survey.
    04/14/2024 - 10:55 pm | View Link
  • China Exports Rise as Trade Tensions Mount
    SINGAPORE—China’s exports picked up in the first quarter of the year, a sign that Beijing’s push to lift growth by propping up manufacturing is getting results, even as the plan ratchets up ...
    04/12/2024 - 12:09 am | View Link
  • More

 

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