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In a twist, China posts a trade deficit
Money & CompanyChina reported its first monthly trade deficit in six years Saturday. The unusual news comes as the country's trade partners -- namely the United States -- have been clamoring for Beijing to reduce its trade surpluses by strengthening its currency....... -
Wall Street Roundup: More Lehman trickery? WaMu in the spotlight.
Money & CompanyTrade deficit up. Growing demand for imports has driven up the U.S. trade deficit, according to new Commerce Department figures. Both imports and exports rose in February. More Lehman trickery? Lehman used a shadowy company -- an "alter ego" firm...... -
Obama tells China's president that global trade imbalances must be fixed
Associated Press WriterPresident Barack Obama on Friday opened his relationship with Chinese President Hu Jintao, promising cooperation in a phone call that broadly covered sensitive trade issues, the global financial crisis and the North Korean nuclear threat. Both leaders...Tags: Japan, North Korea, Timothy Geithner, Imports, Heads of State
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Nature in the Nixon era
As The Times prepares to endorse a presidential candidate for the first time in more than 35 years, the editorial board will examine the candidates' stances on issues through our own sense of the meaning of some essential American values. How much have...Tags: Theodore Roosevelt, Standards, Environmental Pollution, Environmental Politics, Heads of State
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A sinking feeling for the dollar in China
Los Angeles Times Staff WriterOn a frigid winter afternoon, an old dumpling of a man with buzz-cut hair was holed up in his usual spot, the corner of a busy bank lobby here. He reached into his beige fisherman's vest, pulled out a wad of bills and turned to the people hovering over...Tags: Economy, Business and Finance, China, Contracts, Los Angeles Times, Finance
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Trade deficit grew slightly in October
From ReutersThe U.S. trade deficit widened slightly in October as a record price for imported oil outweighed the export-spurring benefits of a weaker dollar, a Commerce Department report showed Wednesday. Rising oil costs also propelled U.S. import prices 2.7%...Tags: China, International Trade, Energy, Natural Resources, Energy Resources
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What's behind the dollar's decline in value?
Los Angeles Times Staff WriterThe dollar has lost a big chunk of its global purchasing power since the end of 2001 -- an average of 37%, as measured by one index that tracks the greenback against other major currencies. Gauging the decline is easy; explaining why the buck has slumped...Tags: Credit Ratings, Los Angeles Times, Foreign Exchange Market, Bank of New York Company, Imports
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Free trade unbound
The Los Angeles Times editorial board met recently with U.S. Trade Representative Susan Schwab. Here are some highlights of the discussion: Free traders on tour Susan Schwab: The politics of trade and the economics of trade have diverged to the point...Tags: Susan Schwab, Los Angeles Times, Unemployment, Democratic Party, Employees
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Killer Chinese imports?
Today, Andrés Martinez and Joseph Farah debate the danger of Chinese imports. Yesterday, they discussed the broad question of U.S. engagement with the world's most populous country. Later this week, they'll debate military threats, Olympic boycotts and...Tags: Consumers, News Agency, Japan, Standards, Finance
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Protectionism in congress may spark inflation pressures
Los Angeles Times columnistU.S. financial markets went into last week's congressional election showing little concern about the potential for Democrats to retake the U.S. House. But Democratic control of the House and the Senate was more than some investors could stand. They began...Tags: Republican Party, Credit Ratings, International Trade, Los Angeles Times, George W. Bush
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It's not the yen, it's the mileage
DANIEL GRISWOLD is director of the Center for Trade Policy Studies at the Cato Institute and coauthor of the recent Cato paper, "Blowing Exhaust: Detroit's Woes Belie a Healthy U.S. Auto Market."FORD MOTOR CO.'s announcement last week that it lost a record $12.75 billion in 2006 will tempt the new Democratic Congress to come to the rescue of Detroit's Big Three automakers. General Motors and DaimlerChrysler are also expected to announce SUV-sized...Tags: Japan, Democratic Party, Honda, Cato Corporation, Mississippi
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Jobless data downside surprises experts
The Swampby Frank James More bad economic news today on the unemployment front. Jobless claims climbed to the highest level in seven years last month. What's truly unnerving is that the numbers are coming in even worse than economists and other......Tags: Economy, Business and Finance, Unemployment, Career and Workplace, Imports, Economic Indicator
Apr 10, 2010
| Los Angeles Times
Apr 13, 2010
| Los Angeles Times
Jan 30, 2009
|Story| South Florida Sun-Sentinel
Dec 20, 2007
|Story| Los Angeles Times
Feb 19, 2008
|Story| Los Angeles Times
Dec 13, 2007
|Story| Los Angeles Times
Jun 22, 2008
|Story| Los Angeles Times
Jan 16, 2008
|Story| Los Angeles Times
Oct 9, 2007
|Story| Los Angeles Times
Nov 12, 2005
|Story| Los Angeles Times
Jan 30, 2007
|Story| Los Angeles Times
Nov 13, 2008
|Blog| Chicago Tribune
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