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A weakening dollar is good news for exporters, bad news for importers

Dec 5, 2022
The greenback's strength has made it tough for U.S. businesses to compete overseas.
While some American exporters are already benefiting from the weakening dollar, it's making imports pricier. Above, the Port of Los Angeles on Nov. 16.
Mario Tama/Getty Images

Strong U.S. dollar presents problems for much of the world

Sep 28, 2022
Good for U.S. tourists and importers. Bad for exporters and fragile world economies.
A teller in Lebanon holds U.S. currency. The strong dollar is affecting imports, exports and foreign countries' debts.
Anwar Amro/AFP via Getty Images

Biden pressures China on commitments to buy U.S. goods and services

Nov 16, 2021
This is part of the phase one trade deal China signed with the Trump administration. But those goals may have been unrealistic.
President Joe Biden meets with Chinese President Xi Jinping during a virtual summit Monday.
Mandel Ngan/AFP via Getty Images

Import prices declined unexpectedly in August

Sep 15, 2021
These prices may be a bellwether of where domestic or worldwide inflation are headed, says Cornell economist Eswar Prasad.
A container vessel passes under the Verrazzano-Narrows Bridge in New York. Although import prices eased in August, they were up 9% year over year.
Timothy A. Clary/AFP via Getty Images

American manufacturers cope with the loss of EU tariff exemptions

Duties seem like a thing between countries, but individual businesses often wind up holding the economic bag.
Rail cars loaded with rolled up steel at ThyssenKrupp Schwelgern steel plant on May 30, 2018, in Duisburg, Germany.
Michael Gottschalk/Getty Images

Is a border adjustment tax illegal?

Mar 15, 2017
It very well could be.
Under the GOP plan, the border adjustment tax amounts to a 20 percent tax on imports.

Economists outraged by Trump plan to 'cook the books'

Feb 21, 2017
The White House may ask for changes to trade deficit and economic growth data.
President Donald Trump's administration is said to be considering changes to the way the trade deficit is calculated.
Ron Sachs-Pool/Getty Images

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Moving manufacturing jobs to Mexico isn't a bad thing

Aug 26, 2016
To produce commodities, Mexico has to consume a chunk of U.S. goods.
Los Angeles Times reporter Natalie Kitroeff says that Mexico's manufacturing boom is good news for workers in the United States. 
Spencer Platt/Getty Images

Boeing laments hamstrung Ex-Im Bank

Apr 8, 2016
Vacancies on the bank's board have limited its ability to lend
Scott Barbour/Getty Images

The role of the strong dollar in international trade

Dec 29, 2015
It makes American products more expensive abroad and may continue to for a while.