Relevant and even prescient commentary on news, politics and the economy.

April Trade Deficit Decreases on Lower Imports

RJS: MarketWatch 666 ~~~~~~~~ Summary: April Trade Deficit Decreased by a record 19.1%, Led by Lower Imports of Consumer Goods and Industrial Supplies and Materials ~~~~~~~~ Our trade deficit was 19.1% lower in April, as our exports increased while our imports decreased. The  Commerce Dept report on our international trade in goods and services for […]

U.S. Trade Deficit Largely Due to "Intra-Firm" Trade

by Kenneth Thomas U.S. Trade Deficit Largely Due to “Intra-Firm” Trade The vast majority of the U.S. $727 billion trade deficit in goods for 2011 is due to “intra-firm” or “related party” trade, that is, trade between two units of the same corporation, according to the U.S. Census Bureau. This is significant because such trade […]