FOR IMMEDIATE RELEASEJuly 13, 2016 Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] Government report: Goods and services trade balance worsens by 10 percent in May despite trade agreements Washington~ The Commerce Department announced that the US trade gap increased yet again 10.1% to  $41.1 billion in May. China alone makes up over half of the May deficit…

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $420.7 billion in 2015, an increase of 68 percent from 2014, when expenditures were $250.6 billion. In 2015, as in 2014, the majority of the expenditures were to…

Senate Majority Leader Mitch McConnell (R-Ky.) on Tuesday cast deep doubt on winning approval for President Obama’s trade agenda during his last weeks in office, suggesting that it will be up to the next occupant of the Oval Office to determine the direction of trade policy. [Paul Kane| July 12, 2016 | Washington Post]  Acknowledging…