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US Trade Deficit Widens to Largest Since 2022 on Weaker Exports
Bloomberg via Yahoo Finance Canada· 7 days ago(Bloomberg) -- The US trade deficit widened in May to the largest since 2022 as a decline in exports...
Despite import decline, net exports to slice Q2 real GDP growth
The Forex Market· 7 days agoA resilient domestic U.S. economy and steady dollar strength are supportive of a widening deficit this year. Net exports are now tracking to slice a full percentage point ...
Canada records third straight monthly trade deficit in May
The Globe and Mail· 7 days agoTotal exports fell 2.6 per cent to $62.45-billion, the lowest level in 10 months, while imports...
Chinese EV maker BYD to build $1 billion plant in Turkey
The Packet· 19 hours agoChina’s BYD competes with Tesla for the title of world’s top manufacturer The Turkish government has...
Takeaways from AP's report on how China's textile recycling efforts take a back seat to fast fashion
The Canadian Press via Yahoo Finance Canada· 2 hours agoWENZHOU, China (AP) — China is the world’s largest textile producer and consumer, throwing away 26...
Europe is slapping tariffs on Chinese electric vehicles - for now. Here's what to know
The Canadian Press via Yahoo Finance Canada· 6 days agoFRANKFURT, Germany (AP) — The European Union is imposing sharply higher customs duties on electric...
China’s landfills brim with textile waste as fast fashion reigns and recycling takes a back seat
Toronto Star· 2 hours agoAt a factory in Zhejiang province on China’s eastern coast, two mounds of discarded cotton clothing...
Iron Ore’s $100 Floor at Risk of Collapse From Jump in Supply
Bloomberg via Yahoo Finance Canada· 4 hours ago(Bloomberg) -- Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to...
China’s CPI inflation softens to 0.2% YoY in June vs. 0.4% expected
The Forex Market· 5 hours agoChina’s Consumer Price Index (CPI) rose at an annual pace of 0.2% in June, compared to a 0.3%...
China's landfills brim with textile waste as fast fashion reigns and recycling takes a back seat
Financial Post· 2 hours agoAt a factory in Zhejiang province on China’s eastern coast, two mounds of discarded cotton clothing...