US Trade Deficit Widens in May: A Closer Look at the Numbers

The US trade deficit in goods experienced a slight uptick in May, climbing to a seasonally adjusted $96.6 billion. This represents an 11.1 percent increase, or $9.6 billion, compared to…

Brazilian Auto Industry Jittery as Cheap Chinese EVs Surge

A Rising Tide of EVs from China: Is Brazil’s Auto Industry at Risk? Brazil’s burgeoning electric vehicle (EV) market is experiencing a significant influx of Chinese-made cars, prompting unease among…

US Trade Deficit Plunges to Lowest Point in Months: What It Means for the Economy

Record Drop in US Trade Deficit The United States saw a dramatic decrease in its trade deficit during April, marking a significant shift in the economic landscape. Imports took the…

Trump Tariffs Trigger Stunning 56% Plunge in US Trade Deficit

The US trade deficit experienced a dramatic downturn in April, plummeting a staggering 56% to $61.6 billion. This marks the lowest point since August 2023, a significant shift from the…