U.S. Trade Deficit Unexpectedly Widens To Largest Since Last April


A report released by the Commerce Department on Thursday showed the U.S. trade deficit unexpectedly widened in the month of February.

The Commerce Department said the trade deficit increased to $68.9 billion in February from a revised $67.6 billion in January.

Economists had expected the trade deficit to narrow to $67.0 billion from the $67.4 billion originally reported for the previous month.

Broker Review Regulators Min Deposit Website
🥇 Read Review ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA USD 100 Visit Broker >>
🥈 Read Review CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA USD 10 Visit Broker >>
🥉 Read Review FSCA, CySEC, DFSA, FSA, CMA USD 0 Visit Broker >>
4 Read Review SFSA, FSCA, CySec* USD 5 Visit Broker >>
5 Read Review FCA, CySEC, FSCA, SCB USD 100 Visit Broker >>
6 Read Review FCA, FINMA, FSA, ASIC USD 0 Visit Broker >>
7 Read Review CySEC, FCA, FSA, FSCA, Labuan FSA USD 100 Visit Broker >>
8 Read Review Not Regulated 0.001 BTC Visit Broker >>
9 Read Review ASIC, CySEC, FSCA, CMA USD 100 Visit Broker >>
10 Read Review SVGFSA USD 5 Visit Broker >>

The wider trade deficit in February matched the largest gap between imports and exports since the deficit reached $72.2 billion last April.

The increase in the size of the trade deficit came even though the goods deficit narrowed to $91.4 billion in February from $91.7 billion in January, as the services surplus shrank to $22.5 billion from $24.1 billion.

The report said the value of imports of services spiked by 3.9 percent to $63.8 billion amid notable increases in imports of travel and transport services. The value of export of services climbed 1.0 percent to $86.4 billion.

The total value of imports surged by 2.2 percent to $331.9 billion in February after jumping 1.2 percent to $324.8 billion in January.

The value of imports reached the highest level in well over a year amid the surge in imports of services as well as notable increases in imports of cell phones and other household goods; foods, feeds, and beverages; and automotive vehicles, parts, and engines.

Meanwhile, the value of exports shot up by 2.3 percent to a record high of $263.0 billion in February after inching up by 0.1 percent to $257.2 billion in January.

Increases in exports of industrial supplies and materials, including crude oil; foods, feeds, and beverages; and civilian aircraft more than offset a decrease in exports of automotive vehicles, parts, and engines.





Source link

Visited 1 times, 1 visit(s) today

Related Article

民建聯10名首戰立法會的區議員舉行競選活動。(盧曼盈攝)

立法會選舉|民建聯10名立法會參選人辦競選活動 (13:03) – 20251107 – 港聞 – 即時新聞

葉傲冬又強調民建聯在西貢及沙田有10多名區議員,並認為立法會議員及區議員層層扣連,前者可「企得更高」處理問題。他在活動上介紹政綱稱,冀政府興建更多智慧停車場、增加泊車位;以及東九龍線延至寶琳、翠林一帶,將軍澳137區及早完善過海鐵路。 民建聯派兩人出戰新界西南,其中郭芙蓉稱爭取香港學生教學資源、舊樓維修津貼等。對於可能「撞票源」、如何評估選情,她向本報稱選舉競爭永遠激烈,認為更多人選有助吸引市民投票,又自言政綱橫跨不同年齡層,冀吸引更多選票。同區參選人盧婉婷則關注外勞議題,盼保障本地優先就業,盡快停止失業率高的行業輸勞。 民建聯10名首戰立法會的區議員舉行競選活動。(盧曼盈攝) 該黨同樣派兩人參選港島東。其中李清霞稱爭取調整公營醫療加價步伐、將豁免收費門檻調整至65歲、加強夜間及假日門診服務等。同區參選人植潔鈴則關注安老措施,爭取資助安老宿位增加、普及安老科技、推動制定軟餐標準等。 新界北參選人姚銘則說,北都發展必須提速提效,關注其專屬法例,北都辦也應「升呢」,以及北環線、北都公路提速提效。九龍東參選人張培剛則說會爭取重推出售公屋等。 選委界別參選人洪錦鉉稱特別關注創科中心、數字經濟,政綱包括爭取河套區土地及電力資源優惠。同界別參選人、身兼港區人代的朱立威則關注多元化旅遊產品,例如遊艇自由行、一程多站等。商界(三)參選人張祺騰則承諾推出中企營商環境調查,了解他們營商挑戰,以及爭取深化內企出海專班、優化同股不同權上市制度等。 其餘參選人名單詳見選舉事務處網站。  Source link

Pressure on Napoli in Serie A; Rhine derby evokes history

Pressure on Napoli in Serie A; Rhine derby evokes history

Serie A leaders Napoli, depleted by injuries to Kevin De Bruyne and Romelu Lukaku, head to fifth-placed Bologna on Sunday with a trio of rivals just a point behind and hoping they can take advantage of any slip-up by Antonio Conte’s side. This weekend’s European action also includes a historic derby in the Rhine region

Crew members work on carrier-based aircraft from left, J-15T jet fighter, KJ-600 AWACS and J-35 stealth fighter jet on the flight deck of China's third conventionally powered aircraft carrier, the Fujian.(AP/File)

New Aircraft Carrier Advances China’s Naval Power

SINGAPORE—China has put its largest and most sophisticated aircraft carrier into active service, boosting Beijing’s quest to create a formidable oceangoing navy that can challenge U.S. power in the Asia-Pacific region and beyond. PREMIUM Crew members work on carrier-based aircraft from left, J-15T jet fighter, KJ-600 AWACS and J-35 stealth fighter jet on the flight

民建聯10名首戰立法會的區議員舉行競選活動。(盧曼盈攝)

立法會選舉|民建聯10名首戰立法會參選人辦競選活動 (13:03) – 20251107 – 港聞 – 即時新聞

葉傲冬又強調民建聯在西貢及沙田有10多名區議員,並認為立法會議員及區議員層層扣連,前者可「企得更高」處理問題。他在活動上介紹政綱稱,冀政府興建更多智慧停車場、增加泊車位;以及東九龍線延至寶琳、翠林一帶,將軍澳137區及早完善過海鐵路。 民建聯派兩人出戰新界西南,其中郭芙蓉稱爭取香港學生教學資源、舊樓維修津貼等。對於可能「撞票源」、如何評估選情,她向本報稱選舉競爭永遠激烈,認為更多人選有助吸引市民投票,又自言政綱橫跨不同年齡層,冀吸引更多選票。同區參選人盧婉婷則關注外勞議題,盼保障本地優先就業,盡快停止失業率高的行業輸勞。 民建聯10名首戰立法會的區議員舉行競選活動。(盧曼盈攝) 該黨同樣派兩人參選港島東。其中李清霞稱爭取調整公營醫療加價步伐、將豁免收費門檻調整至65歲、加強夜間及假日門診服務等。同區參選人植潔鈴則關注安老措施,爭取資助安老宿位增加、普及安老科技、推動制定軟餐標準等。 新界北參選人姚銘則說,北都發展必須提速提效,關注其專屬法例,北都辦也應「升呢」,以及北環線、北都公路提速提效。九龍東參選人張培剛則說會爭取重推出售公屋等。 選委界別參選人洪錦鉉稱特別關注創科中心、數字經濟,政綱包括爭取河套區土地及電力資源優惠。同界別參選人、身兼港區人代的朱立威則關注多元化旅遊產品,例如遊艇自由行、一程多站等。商界(三)參選人張祺騰則承諾推出中企營商環境調查,了解他們營商挑戰,以及爭取深化內企出海專班、優化同股不同權上市制度等。 其餘參選人名單詳見選舉事務處網站。  Source link

Developing | China’s most advanced aircraft carrier, the Fujian, enters service

Developing | China’s most advanced aircraft carrier, the Fujian, enters service

China’s third aircraft carrier, the Fujian, entered into service on Wednesday at a grand ceremony in Sanya, Hainan, according to state media reports. The Fujian is China’s most advanced warship and its first aircraft carrier to be equipped with electromagnetic catapults. Its inauguration makes China only the second country, after the United States, to operate

‘Hong Kong is where visions grow,’ John Lee tells family office investors

‘Hong Kong is where visions grow,’ John Lee tells family office investors

Hong Kong is not only a place for family offices to invest, but also a partner in their enduring journey where they anchor their legacy, the city’s leader said at a Post event, as he pledged to roll out more incentives to attract more operators. Speaking at the South China Morning Post’s Family Business Summit