Us Export

US trade deficit narrows sharply in August on increase in exports

The trade gap contracted 10.8 per cent to $70.4 billion from a revised $78.9 billion in July, the Commerce Department's Bureau of Economic Analysis said

US electronics trade: India lags global peers in plugging China gap

Vietnam has been the biggest beneficiary. It saw an incremental increase in electronics exports worth $39.1 billion between 2018 and 2023

China targets 50% growth in computing power in race against the US

The plan, released by six departments in Beijing including the Ministry of Industry and Information Technology (MIIT), has set a target for China's total computing power to reach 300 EFLOPS by 2025

US looks to ban imports, exports of tropical fish threatened by aquarium

The federal government is looking to ban importation and exportation of a species of a tropical fish that conservation groups have long said is exploited by the pet trade. The fish is the Banggai cardinalfish, a small striped saltwater fish native to Indonesia. The National Oceanic and Atmospheric Administration listed the species as threatened under the Endangered Species Act in 2016, saying that the main threats to the fish included harvest for ornamental aquariums. The agency proposed on Tuesday to apply prohibitions under the Endangered Species Act that would make it unlawful to import or export the species in the United States. The proposal followed a 2021 petition from conservation groups that said the fish needs the ban to have a chance at survival. The US imports an average of 120,000 of the fish every year, members of the groups said Wednesday. The species have declined in number by as much as 90 per cent since the 1990s because of exploitation in the aquarium trade, they .

US trade deficit narrows sharply to 9.1% in March as exports rise

Exports increased 2.1% to $256.2 billion. Goods exports shot up 3.1% to $174.3 billion. Crude oil exports rose $2.5 billion, boosting shipments of industrial supplies and materials

China's largest chipmaker warns of rapid freeze as smartphone demand skids

China's largest chipmaker reported revenue rose 42% to $1.9 billion in the second quarter, generally in line with expectations

US economy contracted by 1.5% in Q1, but consumers kept spending

Last quarter's drop in the US gross domestic product the broadest gauge of economic output does not likely signal the start of a recession.

US expands export restrictions for Russia, Belarus: Commerce Dept

The United States expanded export controls on Russia's and Belarus' access to everything on the US commerce control list

Oil prices rise to 8-week high on demand hopes; US export decline

Oil prices rose to an eight-week high on Wednesday as U.S. crude exports plunged and on signs of a speedy economic recovery and upbeat forecasts for energy demand

Adar Poonawalla urges US Prez to lift ban on export of vaccine raw material

Poonawalla had said earlier that US curbs were hampering scale-up of Novavax vaccine at Pune. Serum has collaborated with Novavax of US to make its vaccine here and supply to Covax at $3 a shot

Alibaba, JD.com say US was top seller to China during Singles' Day event

BEIJING/SHANGHAI (Reuters) - Alibaba <9988.HK> and JD.com said the United States was the top seller of goods to China during the Singles' Day shopping extravaganza that generated about $116 billion in merchandise volume for the pair.

European Union announces new tariffs as countermeasures against US exports

The latest EU announcement came after the trade ministers of the 27-member bloc met online earlier on Monday

India's economic growth could support US exports in future: Trump officials

The Trump administration continues to press India to make meaningful progress in relation to these ambitious goals, primarily through the US-India Trade Policy Forum (TPF)