Trade balance

RECENT NEWS
The Economic Times  Jul 24  Comment 
India's trade deficit with China in 2016-17 had declined slightly to $51.08 billion, from $52.69 billion in 2015-16. It was at $48.48 billion in 2014-15.
Motley Fool  Jul 24  Comment 
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Forbes  Jul 20  Comment 
It said that China acknowledged the shared objective on the trade deficit, which both sides will work cooperatively on to achieve.
Japan Today  Jul 20  Comment 
Japan logged a trade surplus of nearly $4 billion in June, rebounding from a deficit the previous month, but its politically sensitive surplus with the United States slipped,…
Reuters  Jul 19  Comment 
The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing.
Wall Street Journal  Jul 19  Comment 
President Donald Trump’s 100-day action plan to cut the trade deficit with China has ended with limited progress. More steel and aluminum import tariffs won’t do the trick.
Channel News Asia  Jul 18  Comment 
WASHINGTON: The United States on Monday launched the first salvo in the renegotiation of the 23-year-old North American Free Trade Agreement (NAFTA), saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and...
New York Times  Jul 17  Comment 
The Trump administration sent a list of objectives to Congress that emphasizes the reduction of the United States’ trade deficit with Canada and Mexico.
Wall Street Journal  Jul 17  Comment 
The Trump administration released its road map for remaking the North American Free Trade Agreement that aims to preserve “Buy America” provisions and reduce the U.S. trade deficit, but steps back from some of President Donald Trump’s most...




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Trade Balance, also known as net exports, measures the difference between the value of goods a country exports and the value of the goods it imports. A positive trade balance indicates the country has a trade surplus and a negative trade balance means the country has a trade deficit. A country's trade balance is an essential value when calculating gross domestic product and is also useful when measuring to degree to which a country relies on imported goods.

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