Economy
US Trade Deficit Widens Sharply in May on Record Imports
The US trade deficit jumped 42.2% to $77.6 billion in May as goods imports hit a record $317 billion, driven by AI semiconductors and crude oil.
—5 min read
Tag
#Trade Deficit
8 articles
EconomyChina
China's Services Trade Grows 6% in First Five Months of 2026
China's services trade grew 6% year-on-year to 3.1 trillion yuan in Jan-May 2026, led by knowledge-intensive services and travel exports.
—5 min read
TradeDiplomacy
EU and China Launch Trade Talks With October Deadline
EU and China hold first Trade and Investment Consultation in Brussels, issuing a rare joint statement with an October deadline to address trade imbalances.
—4 min read
PoliticsInternational Trade
Belgian PM De Wever Leads EU Pushback on China Trade
Belgian PM Bart De Wever warns EU economies are being destroyed by unfair Chinese trade practices, calling for a hardened EU strategy.
—5 min read
Business & Economy
U.S. Exports Rose 2.6% in April on Strait Closure Oil Demand
U.S. exports rose 2.6% in April to $327.1B, driven by record oil exports as the Strait of Hormuz closure boosted demand for American crude.
—5 min read
Economy & Finance
China's Service Trade Grows 4.9% in Jan-Apr 2026
China's service trade hit 24,853.2 billion yuan in Jan-Apr 2026, up 4.9%. Exports surged 15% as the trade deficit narrowed, signaling improvement.
—4 min read
EconomyTrade
China's Service Exports Surge 15% as Global Push Accelerates
China's service exports hit 985 billion yuan in Jan-Apr 2026, up 15% year-on-year, as knowledge-intensive services and travel exports drive growth.
—4 min read
Economy & TradePolitics
EU Agrees Tougher China Trade Policy; Beijing Retaliates
European Commission agrees on tougher China trade policy, prompting Beijing to vow retaliation and escalating tensions between the two economic powers.
—4 min read