U.S. Trade Deficit Hits 10-Year High; Job Growth Slowing

U.S. President Donald Trump speaks during an interview with Reuters in Washington

WASHINGTON (Reuters) – The U.S. trade deficit jumped to a 10-year high in October as soybean exports dropped further and imports of consumer goods rose to a record high, suggesting the Trump administration’s tariff-related measures to shrink the trade gap likely have been ineffective.

How Trump’s Son-in-Law Helped Salvage the North American Trade Zone

FILE PHOTO: White House aides look on as Trump announces deal on NAFTA at the White House in Washington

OTTAWA/WASHINGTON (Reuters) – Robert Lighthizer was the public face of arduous, year-long talks to rework NAFTA, but as he savored a successful conclusion in the White House Rose Garden on Monday, the U.S. trade representative singled out another man as the deal’s architect.
“I’ve said before, and I’ll say again, this agreement would not have happened if it wasn’t for Jared,” Lighthizer told reporters.

Trump Hails ‘Historic’ Canada, Mexico Trade Pact

WASHINGTON (Reuters) – Donald Trump on Monday praised Canada’s entry into a reworked NAFTA pact with the United States and Mexico after the two countries forged a last-minute agreement to salvage the trilateral trade accord, delivering a key win for the U.S. president.