Tag Archives: Commerce Department

US International Trade Deficit Soars in April to $50 Billion

Posted on 4 June 2020 by Ken Zino

The US  international trade deficit in goods and services increased to $49.4 billion in April from $42.3 billion in, as exports and imports saw their largest monthly declines in history. It is the latest indicator that economy is struggling during the COVID-19 crisis according to Commerce Department data. The bad news increases if you consider the unemployment crisis. Continue reading →

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Commerce Identifies Entities of National Security Concern

Posted on 13 May 2019 by Ken Zino

This list contains the names of foreign parties that are subject to specific license requirements for the export, reexport, and/or in-country transfer of controlled items, ensuring that sensitive technologies do not fall into the hands of those who would threaten U.S. national security or American citizens. Continue reading →

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US International Trade Deficit Drops. Maybe

Posted on 7 July 2018 by Ken Zino

The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero. What this means is that the U.S. continues to run an enormous deficit as President Trump embarks on a trade war that could increase the deficit more. Continue reading →

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