International Trade

Gold Demand Tumbles as Price Steadies

Global gold demand fell sharply in the second quarter as prices steadied following exceptional circumstances in the same period last year, a report shows.

U.S. Trade Deficit Fell 12.1% in Second Quarter as Exports Rose

The U.S. current account trade deficit narrowed in the April-June period, pushed lower by an increase in American exports and cheaper oil imports. The Commerce Department said Tuesday that the deficit in the current account decreased 12.1 percent to $117.4 billion in the second quarter.

Why Easing the Threat of Currency War Is So Difficult

Investors take note: Despite the calls for order, national policymakers are dealing with an increasingly haphazard scenario loaded with counterproductive results and unintended consequences. The result could be a slide toward protectionism.

More Exports, Fewer Imports Aid U.S. Trade Gap

The U.S. trade deficit fell to $42.8 billion in July from $49.8 billion in June. The gap remains huge, but if the trends continues in the months ahead, trade will boost U.S. GDP growth above current forecasts.