US trade deficit narrows in March

US trade deficit edges lower in March

US trade deficit edges lower in March

Energy exports were up seven per cent, led by increased natural gas sales to the United States attributable to "unusually low temperatures in the northeastern U.S. in March", and more coal shipments to Japan, China and South Korea, the agency said.

With imports and exports both falling, the Commerce Department released a report on Thursday showing that the United States trade deficit was little changed in the month of March. February's trade deficit was revised up to $43.8 billion from $43.6 billion.

"The increase in imports points to improvements in business investment spending and inventory rebuilding, both contributors to GDP", National Bank economist Krishen Rangasamy said in a note to clients.

Shortly afterwards, the USA administration slapped tariffs on Canadian exports of softwood lumber and complained about Canada's dairy sector, helping to sink the Canadian dollar to 14-month lows.

Zelda Breath of the Wild's first DLC detailed, second still a mystery
Your reward for this gruelling battle? an even more powerful Master Sword, apparently, which throbs with energy at all times. This is a horde-like mode where we'll start without any gear, and have to fight our way through 45 waves of enemies.

Imports fell 0.7 percent $234.7 billion as imports of crude oil and other petroleum products slid.

The trade gap slipped 0.1 per cent in March to US$43.7 billion, seasonally-adjusted.

But a four-year record for Japanese imports, valued at $13.3 billion, saw the U.S. deficit with that country hit its highest level since April 2008 at $7.6 billion.

A shrinking trade deficit adds to economic growth.

CEO says NASCAR 'not isolated' in fighting to attract fans
Gibbs driver Denny Hamlin finished third, with Ford drivers "Jimmie didn't know the vehicle was there", Earnhardt said. The biggest issue for many on a day that featured a slick track was tire management and limiting mistakes.

On the service part, Exports of services increased $0.4 billion to $64.7 billion in March, at the same time imports of services decreased less than $0.1 billion to $42.9 billion in March.

Trade figures also carry political implications as President Donald Trump seeks to revamp USA trade deals with other countries. The goods gap with the European Union rose 19 percent to $11.2 billion in March.

Compared to the same month previous year, exports are now nearly 13% higher.

Nintendo Switch shipped 2.74m units in its first month
The last time Nintendo's sales grew was in the year ended March 2009, when Wii demand drove profit to a record 555 billion yen. Nintendo's Shigeru Miyamoto has explained in a new interview the company hopes its Nintendo NX console is a bigger hit.

Recommended News

  • Titans happy with 1-2 punch in first round

    According to reports on Wednesday morning, the Tennessee Titans are receiving trade offers for the No. 5 overall pick. He also worked on his speed, and he worked on his strength - one of the drills for that was squeezing rice.
    Kulbhushan Jadhav case: India hands over mother's appeal to Pakistan

    Kulbhushan Jadhav case: India hands over mother's appeal to Pakistan

    The Pakistan Army had before precluded consular access to Jadhav, saying he is not qualified for it according to the laws. The Indian Foreign Secretary had also met the Pakistan High Commissioner in Delhi yesterday and made similar points.
    Economic heresy is real winner in French election

    Economic heresy is real winner in French election

    A man walks past French presidential campaign posters displayed in Marnes-la-Coquette, outside Paris , Thursday, April 20, 2017. US futures pointed to a solid opening on Wall Street with Dow futures and the broader S&P 500 futures both up 0.3 percent.
  • Steelers give offense a jolt in youth-heavy draft

    Steelers give offense a jolt in youth-heavy draft

    Watt can play the game. "I know it's surreal, I know it's an unbelievable thing, but you've got to get over that", Tomlin said. Still, it is somewhat surprising the team made a decision to address their receiving situation before selecting a cornerback.
    NFL Draft: James Conner drafted by Steelers in third round

    NFL Draft: James Conner drafted by Steelers in third round

    He's a war daddy, and Pittsburgh can play him inside or outside for years. "I played with him in the backyard a bunch". They now have every aspect of their team complete and need nearly nothing to help them achieve greatness.
    Weak demand, prices impact Goodyear's first quarter

    Weak demand, prices impact Goodyear's first quarter

    The company also released its Europe, Middle East, and Africa segment earnings , as well as its Asia Pacific segment earnings . The overall volume in the last trading session was 3.87 million shares, versus the average volume of 2.62 million shares.
  • Trump and Turkey 100 days on

    Trump and Turkey 100 days on

    The Turkish airstrike also wounded 18 members of the US-backed People's Protection Unites (YPG), according to Zerohedge. The base in the area is 50 kilometers (30 miles) from Syria's Tal Abyad, a town controlled by the Kurdish militia.
    China demands South Korea remove THAAD defense system

    China demands South Korea remove THAAD defense system

    Senator Lindsey Graham said he and fellow Republican John McCain had dinner with Trump on Monday and discussed North Korea. South Korea's navy has said it plans to hold a joint drill with the USA strike group late this month.
    Anti-LGBT Alabama Jurist Roy Moore Running for U.S. Senate

    Anti-LGBT Alabama Jurist Roy Moore Running for U.S. Senate

    The court said Moore's administrative order, issued on January 6, 2016, directed the state's 67 probate judges to defy the U.S. Moore's strong stands on religion and against LGBT rights have earned him a devoted following within the Republican Party.
  • Baahubali 2 box-office 5 Days collection crosses Rs 500 crore

    Baahubali 2 box-office 5 Days collection crosses Rs 500 crore

    Taran Adarsh tweeted: "The *Hindi version* of #Baahubali2 BULLDOZES *all* records with KNOCKOUT biz on Monday". The Aare Katika community said that objectionable language has been used against their community in the film .
    Texas House to vote on sanctuary cities bill

    Texas House to vote on sanctuary cities bill

    Eddie Lucio III , a Brownsville Democrat, that got the blessing of the Senate Bill 4's House sponsor, Fort Worth Republican Rep. The state Senate's version is still different enough from the House's that the two chambers must compromise on a finished bill.
    Severe storm threat increases Tuesday evening

    Severe storm threat increases Tuesday evening

    Residents are advised to monitor the ALERTS page of our website for updates on weather watches and warnings throughout the day. The threats associated with any storms today will be strong, damaging winds, a weak tornado, and small hail.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.