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Trade Balance

All articles tagged with #trade balance

Canada's October Trade Deficit Driven by Gold and Diversification

Originally Published 3 days ago — by Statistique Canada

In October 2025, Canada's merchandise imports increased by 3.4% and exports by 2.1%, leading to a shift from a trade surplus of $243 million in September to a deficit of $583 million, driven by higher imports of electronics, metals, and machinery, and increased exports of gold and motor vehicles, while trade with the US narrowed.

China Promotes Imports and Sustainability at CIIE

Originally Published 2 months ago — by Bloomberg.com

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Source: Bloomberg.com

China has launched the 'Big Market for All: Export to China' program to boost imports from select countries, aiming to address trade imbalances and support partner nations in selling their products in China through exhibitions, targeted purchases, and online platform support, with annual reviews to assess progress.

U.S. Current Account Deficit Narrows Significantly in Q2 2025

Originally Published 3 months ago — by Bureau of Economic Analysis (BEA) (.gov)

In Q2 2025, the US current-account deficit narrowed significantly to $251.3 billion, mainly due to a decrease in imports and an increase in exports of goods and services, reflecting a positive shift in trade balance and increased foreign investment in US assets.

US Economy Revises Q2 Growth to 3.3%

Originally Published 4 months ago — by CNBC

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Source: CNBC

The US economy grew by 3.3% in Q2, surpassing initial estimates, driven by strong consumer spending and a significant reduction in imports due to tariffs, with net exports contributing notably to growth; the economy shows resilience despite tariff-related uncertainties, with a projected slower growth rate of around 1.5% moving forward.

U.S. Dollar Plummets at Fastest Rate Since 1973: Implications Explained

Originally Published 6 months ago — by Yahoo Finance

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Source: Yahoo Finance

The U.S. dollar has experienced its fastest decline since 1973, dropping over 10% in six months due to waning investor confidence amid Trump's tariffs and fiscal issues, leading to higher import costs and potential inflation, while complicating efforts to boost exports.

Switzerland's Surprising Cheese Import Boom

Originally Published 2 years ago — by The New York Times

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Source: The New York Times

Switzerland, known for its cheese, has been importing more cheese than it exports, causing concern for farmers and traditionalists. The country's cheese trade balance has been shrinking since the market was liberalized in 2007, allowing trade with the EU without tariffs or quotas. Swiss consumers have developed a taste for foreign cheeses, leading to a decline in the consumption of local varieties. While economists say there is no need to panic, the influx of foreign cheese may challenge Swiss national identity. Swiss producers specialize in higher-value varieties for export, while imports are cheaper and softer, mainly from France. Inflation and a strong Swiss franc have also influenced the trade balance. While increased imports benefit Swiss consumers, it may affect farmers producing cheaper cheeses. The number of dairy farmers in Switzerland has declined, similar to the trend in the US, due to various economic and social factors.