Wall Street Journal: “Trade Winds Blow Calmer for Now”


With Europe trying to contain the crisis in Greece and China attempting to limit the fallout from collapsing stock prices, the U.S. may be in for a bit of trade trouble.


[by Justin Lahart | July 6, 2015 | WSJ]

The Commerce Department will report May international trade figures Tuesday, and with the combination of a stronger dollar, weaker international demand and rising oil import costs, they will likely show the trade gap widened. Economists polled by The Wall Street Journal are looking for a deficit of $42.5 billion versus April’s $40.9 billion. And weak export figures from West Coast ports suggest that estimate could be on the low side.

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