Articles tagged under: trade deficit
Trade Deficit Tightens
Published December 8, 2021
Thanks to an increase in agricultural and energy exports, the U.S. trade deficit narrowed in October. The Commerce Department said the deficit in October totaled $67 billion, down from a record $81 billion in September. Imports have been put at…Soybean Buys Contribute to Lower U.S. Trade Deficit
Published March 27, 2019
The U.S. trade deficit decreased by 14.6 percent in January, according to a report from the U.S. Commerce Department. There are rising exports and falling imports. The export growth is due, in part, to U.S. soybean movement to China. Economists…Trade Deficit Widens
Published September 6, 2018
The U.S. trade deficit has not been this wide since 2015. In July, the trade gap increased more than nine percent to $50 billion. Exports suffered with a $682 million decline in U.S. soybean trade. Year-to-date, U.S. soybean shipments are…