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Last updated on April 16, 2014 at 13:34 EDT

Latest Balance of trade Stories

2014-03-12 16:22:31

U.S. deficit up from imports; job promises, exports down WASHINGTON, March 12, 2014 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) joined Members of Congress and private sector experts today in declaring the U.S. - Korea Free Trade Agreement (KORUS-FTA) has fallen far short of job promises and improvements in trade balances marked by the second anniversary of the trade law this Saturday. http://photos.prnewswire.com/prnvar/20080131/DC12982LOGO "Government data,...

2012-11-14 16:26:41

OTTAWA, Nov. 14, 2012 /CNW/ - Canada's trade balance in processed food is deteriorating, having reached a deficit of $6.3 billion in 2011, according to a new report from the Canadian Agri-Food Policy Institute (CAPI). For 20 years, Canada has recorded trade deficits in value-added processed food which includes secondary processing of food products and beverages. But since 2004, the deficit has worsened from less than $1 billion to $6.3 in 2011. (See Figure 1). These data are...

2012-05-25 02:21:52

LONDON, May 25, 2012 /PRNewswire/ -- With new technologies altering the manufacturing process, it seems that jobs are changing too The manufacturing sector is changing. Where lathes, drills, hammers, and moulding machines were once commonplace, highly-automated machines now dominate factory floors. While many people fear that new technology may replace human jobs, reed.co.uk believes that this may actually lead to an increase in...

2012-02-10 12:06:00

In the news release, USW Statement on New Record U.S. Trade Deficit With China, issued 10-Feb-2012 by United Steelworkers (USW) over PR Newswire, we are advised by the organization that the last paragraph, last sentence, should read "Last year's U.S. trade deficit in auto parts with China reached $9.95 billion." rather than "Last year's U.S. trade deficit in auto parts with China reached $.5 billion." as originally issued inadvertently. The complete, corrected release follows: USW Statement...

2012-02-10 10:49:00

WASHINGTON, Feb. 10, 2012 /PRNewswire-USNewswire/ -- Leo W. Gerard, international president of the United Steelworkers (USW) issued the following statement today on the record high for the U.S. trade deficit for a single year with China, that includes an overall increase of $1.8 billion in December of automotive vehicles, parts and engines. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO) "Last year's trade deficit was another measure of our nation's failed trade policies....

2011-09-20 19:14:00

Study Maps Job Losses in Each U.S. Congressional District, 2001-2010 PITTSBURGH, Sept. 20, 2011 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) said a report by the Economic Policy Institute (EPI) that cites a staggering 2.8 million job losses in the past decade was an alarming confirmation of the growing trade deficit impact on American workers since China's ascension to the World Trade Organization (WTO) in 2001. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO)...

2011-05-17 09:06:00

STOWE, Vt., May 17, 2011 /PRNewswire/ -- Casey Research, a leading provider of investment research, with over 30 years of history, specializing in geopolitically informed investing, energy, base and precious metals, and technology, concluded its most recent summit, The Next Few Years in Boca Raton, FL. There they provided insight into the global economy, portfolio strategies, and specific investment ideas and recommendations. "I think the next few years are going to be critical as we move...

2011-05-04 13:51:00

HARRISBURG, Pa., May 4, 2011 /PRNewswire/ -- More than 26,000 Pennsylvania jobs have been lost or displaced since 1994 as a result of the U.S. trade deficit with Mexico, according to a new study from the Economic Policy Institute. In 1993, before the North American Free Trade Agreement (NAFTA) took effect, the U.S. had a $1.6 billion trade surplus with Mexico, which supported 29,400 U.S. jobs. Since then, imports from Mexico have grown much faster than U.S. exports, resulting in large...

2011-03-11 08:30:00

CHICAGO, March 11, 2011 /PRNewswire/ -- Zacks.com Analyst Blog features: Union Pacific (NYSE: UNP), Eli Lilly (NYSE: LLY), Wal-Mart (NYSE: WMT), Chevron (NYSE: CVX) and Apache Energy (NYSE: APA). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579 Here are highlights from Thursday's Analyst Blog: Trade Picture Gets Ugly The trade deficit is a far...

2010-10-26 11:17:00

NEWARK, N.J., Oct. 26 /PRNewswire-USNewswire/ -- Despite fierce words flying across the Pacific Ocean and a mounting U.S. trade deficit with China, a full-fledged trade war that would disrupt one of the world's busiest shipping lanes is unlikely, experts tell The Journal of Commerce. In a Special Report released this week, the JOC examines the deteriorating relationship between the United States and China, impending legislation and the multinational reach of battle lines. (Photo:...