The Commerce Department said on Tuesday the trade gap increased 7.6 percent to $43.03 billion, ending four straight months in which the deficit had narrowed.Economists, who had expected a $40.00 billion trade gap in September, said the wider deficit could cut as much as a half a percentage point off that growth estimate.Exports in September fell 1.5 percent to $195.59 billion, the lowest level since April, a sign that weakening demand in key markets such as China and the euro zone was starting to weigh.A survey of U.S. manufacturers published on Monday showed a decline in a gauge of export order growth, suggesting exports will weaken further.Apart from slowing global demand, exports are seen crimped by a strong dollar, which so far this year has strengthened by about 4 percent against the currencies of the country's main trading partners.
This article is about the surprising reports of Canada's fall in 9 categories of exports while their imports rose. This situation has cause a trade deficit
China is Brazil's biggest trading partner, and is gaining independence from imports through growing economic power. The resulting fall in demand for Brazilian exports has hit the Brazilian economy hard, as import rates are now higher than export rates. This caused a trade deficit.
This article discusses the fact that Turkey's trade deficit decreased to $6.25 billion in October from $7.43 billion a year earlier, below a forecast of $6.7 billion. Data showed that exports rose 7.3 percent to $12.93 billion and imports fell 1.5 percent to $19.19 billion.
The article talks about how America's current account defecit has shrinked. This is due to a rising surplus in investment income and growth. Imports have decreased as American manufacturers have regained market share at home, also America has reduced offshore manufacturing in China due to the lower dollar and rising costs of foreign labour.
This article explains how any American who bought imports was contributing to the trade deficit. It then goes on to discuss how the decline of imports has lead to a decline in the trade deficit.