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Bloomberg· 2026-02-19 23:06
Russia's burgeoning ties to Thailand now include drone imports https://t.co/j39pYpINdS ...
US Runs Annual Trade Deficit Up to $901 Billion, One of Biggest Since 1960
Bloomberg Television· 2026-02-19 22:06
Shall we take a little step back on the trade data. Because there's been a lot of volatility underneath the hood over the last 12 months. So let me just say, we've seen this widening in the deficit.Couple of things to remember, that the deficit narrowed a lot in the first half of last year. There was a lot of uncertainty about trade. Then all of that was unwound in the second half of the year.And now we're seeing some normalization in trade data finally. So it's been a very volatile 2025. Now, the next thin ...
X @Bloomberg
Bloomberg· 2026-02-13 18:27
Ghana’s currency weakened slightly against the dollar on Friday as demand for the greenback rose to pay for imports. https://t.co/NWtlHsoy2Z ...
World economic growth forecasts don't match global shipping reality: Maritime expert
CNBC Television· 2026-02-05 20:40
President Trump's global trade war and the frontloading of products ahead of the tariffs help drive ports like the Port of Long Beach with stronger container volumes in 2025. Noel Hagaba, he's the CEO of the Port of Long Beach. He joins me now to discuss this record-breaking year.Thanks for joining me, Noel. >> My pleasure, Laurian. Always great to join you.As I said, you know, we're seeing a record numbers here when it comes to the Port of Long Beach. And I want to kind of get granular with you. Over the l ...
X @Bloomberg
Bloomberg· 2026-02-05 11:30
Australia’s trade surplus shrank to the lowest since 2018, underscoring how China’s soaring exports and weak imports are reshaping merchandise flows and potentially dragging down major trade partners https://t.co/PM97J1gAM4 ...
US Trade Gap Widens to $56 Billion in November
Bloomberg Television· 2026-01-29 14:35
The numbers are just coming out now and we don't see much change in the numbers for initial jobless claims. They do rise to 29,000 last week, but that's still a very, very low number. Now, we should point out, you've heard a lot about layoffs uh the last 48 hours or so, including uh more today from DAO.Those won't show up as jobless claims until those people's severance runs out. So, uh we wouldn't expect the numbers that we've heard this week to suddenly show up. Uh but all right, here's the interesting th ...
X @Bloomberg
Bloomberg· 2026-01-29 06:25
India’s gold imports are expected to fall this year as record prices crimp demand for jewelry, according to the World Gold Council https://t.co/ZYZGxHeghH ...
X @Bloomberg
Bloomberg· 2026-01-27 15:04
South Africa is considering imposing tariffs of up to 50% on vehicles from China and India as it moves to protect its automotive industry from a flood of imports https://t.co/4A9PiqqyRd ...
GDP grew 4.3% in Q3, and it was ‘healthier’ growth
Yahoo Finance· 2026-01-01 18:01
Core Insights - The U.S. economy experienced robust growth in Q3 2025, with an annual growth rate of 4.3%, an increase from the previous quarter's 3.8% [1] - The growth in Q3 was characterized by a healthier and more broad-based foundation compared to earlier in the year, indicating genuine economic vitality rather than technical adjustments [1][2] Economic Composition - In Q2, GDP growth was significantly influenced by a decline in imports, which artificially inflated the growth figure without reflecting true domestic production or consumer well-being [2][3] - The second quarter's real GDP growth of 3.3% was primarily due to decreased imports and increased consumer spending, while investment and exports actually declined, revealing underlying weaknesses [3][4] - In contrast, Q3 growth was driven by increases in consumer spending, exports, and government spending, with a smaller contribution from the decline in imports compared to Q2 [5]
Mexico to Put Tariffs of Up to 50% on Chinese Imports
Bloomberg Television· 2025-12-11 21:11
Trade Policy Shift - Mexico has approved new tariffs on over 1400 products, mainly from Asian countries, particularly China, aligning with U S trade policies [2] - This represents a realignment of Mexico's trade policy to protect its national industry [2][3] - The Ministry of Economy will gain new powers to adjust tariffs without legislative approval [6] Potential Economic Impact - The tariffs aim to protect Mexican national production, which officials claim has been hurt by Asian imports [5] - Some industries in Mexico, such as carmakers, toy manufacturers, and home appliance producers, rely heavily on inputs from Asia, potentially leading to backlash [8][10] - Mexican officials anticipate that most of the affected products can be easily replaced by national production, minimizing the impact [10] USMCA Revision Implications - The tariff approval comes months before Mexico, Canada, and the U S are scheduled to revise the USMCA trade deal [5] - Officials hope this move will ease negotiations during the USMCA revision [6] Asian Investment Considerations - The tariffs could impact Asian companies that are establishing North American manufacturing operations in Mexico [7] - Heavy lobbying from Asian companies delayed the tariff bill's passage, indicating significant concern [4][8]