Maryland Daily Record Maryland's trusted source for business and legal news
The U.S. trade deficit narrowed in April to $68.9 billion as an improving global economy boosted sales of American exports.
Tagged with: Economy exports imports trade
Read More »Trade deficit dips to $68.9B with exports up
Trump jabbed first, and now world hits back in trade fight
The United States attacked first, imposing tariffs on steel and aluminum from around the globe and threatening to hit tens of billions of dollars in Chinese products. Now, the world is punching back.
Tagged with: Donald Trump trade trade war
Read More »The Latest: BMW could face big hit from China’s US tariffs
WASHINGTON — The Latest on U.S.-China trade tensions (all times local): 10:35 a.m. Analysts at Sanford C. Bernstein are saying that BMW, Mercedes-Benz and Tesla are the biggest potential losers from higher Chinese tariffs on U.S. auto imports. Bernstein said ...
Read More »Legal question of the day: Is a Snuggie a blanket?
Brexit vote shouldn’t dampen Baltimore’s drive to build imports, official says
Britain’s vote to leave the European Union might create some challenges for Baltimore businesses looking to export to the United Kingdom, but an international business expert working with city officials say it will take time to assess the full impact ...
Tagged with: Brexit Global Cities Initiative trade
Read More »Maryland seeks to strengthen business ties with South Korea
ANNAPOLIS — Maryland officials have taken another step to help strengthen business ties with South Korea. Lt. Gov. Boyd Rutherford signed a memorandum of understanding Wednesday with Gov. Nam Kyung-pil, of the Gyeonggi Province of South Korea. They are agreeing ...
Tagged with: Manufacturing south korea trade
Read More »Maritime panel to hold sessions on port congestion
Maritime leaders were told Tuesday that a federal commission is planning a series of meetings on dealing with port congestion that has resulted from a rebounding economy and bigger ships calling at the nation's ports.
Tagged with: Baltimore port shipping trade
Read More »U.S. exports rise, but trade deficit edges up
The U.S. trade deficit widened slightly in January as a rise in imports of oil and other foreign goods offset a solid increase in exports.
Tagged with: Economy exports trade united states
Read More »U.S. says Japan has long way to go to open markets
WASHINGTON — Japan still has a long way to go before it can say its markets are open, the top U.S. trade official said on Friday. Trade Representative Michael Froman said he hopes Japan’s recent entry into the Trans-Pacific Partnership ...
Tagged with: Business japan markets trade united states
Read More »Baltimore-area exports set new record
Merchandise exports from the Baltimore-Towson metropolitan area totaled a record $5.8 billion, an increase of 6 percent or $321 million from 2011 to 2012, according to export data from the U.S. Department of Commerce’s International Trade Administration.
Tagged with: Baltimore Business business news commerce exports Towson trade
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