Australia has a long history of running current account deficits – but that doesn’t automatically mean we’re doing badly.
In a post on Truth Social early Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour.
In fact, the U.S. trade deficit sat at US$41 billion in 2023, according to figures from the U.S. Bureau of Economic Analysis. On the global stage, countries export some goods and services while ...
India's trade deficit hit a record $37.84 billion in November, driven by gold imports and declining exports, pressuring the ...
President-elect Donald Trump’s frequent calls for new tariffs on foreign goods may have overshadowed another massive ...
Some tariffs are intended to secure a better trade deal in the traditional sense. But some are intended to simply punish, ...
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Worsening trade deficit
The Philippine government is the single largest procuring entity in the local economy, allocating at least a trillion pesos ...
The Indian rupee may slip to an all-time low on Tuesday with the currency, already under pressure from slowing growth, choppy ...
New Zealand posted its smallest annual trade deficit in almost three years as a weak economy curbed demand for imports.
India's merchandise trade deficit in November surged to a record $37.84 billion, up from $27.1 billion in October, according ...
Ukrainian President Volodymyr Zelenskiy said on Monday that more than 3,000 North Korean soldiers have been killed and ...
The Indian rupee weakened to its lifetime low on Tuesday, hurt by concerns about a widening trade deficit and likely outflows ...