May 2021 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $71.2 billion in May from $69.1 billion in April (revised), as imports increased more than exports.

Richard Alan Lindenmuth

December 28, 1944 - August 31, 2020 Raleigh

October 2020 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $63.1 billion in October from $62.1 billion in September (revised), as imports increased more than exports.

October 2020: 63.1° $ billion
September 2020 (r): 62.1° $ billion

September 2020 Trade Deficit Report

The nation’s international trade deficit in goods and services decreased to $63.9 billion in September from $67.0 billion in August (revised), as exports increased more than imports.

August 2020 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $67.1 billion in August from $63.4 billion in July (revised), as imports increased more than exports. (October 6, 2020)

FEMA’S ‘Project Airbridge’ Takes Flight With 25 UPS Charter Flights, Dedicated FEMA Distribution Center

Update: 200+ flights added to support Project Airbridge, other healthcare-related missions
Effort is helping meet urgent needs

UPS announced April 17 it’s adding over 200 flights to support Project Airbridge and other healthcare-related missions. A majority of these flights will carry needed supplies to the U.S. and Europe. UPS is shipping personal protective equipment (PPE), ventilators, emergency room monitoring equipment, test kits and more.

Tariffs could impact FTZ business benefits

Local and national trade experts say that Foreign Trade Zones can be a tool for local companies to utilize in global business, but whether it can aid in the national tariff situation is a more complex issue.

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More port projects on the way to support future growth

N.C. Ports’ container business has grown 61 percent, year over year to date, according to Paul Cozza, executive director of N.C. Ports.

To keep up with that growth, Cozza said port officials are looking into additional projects, including deepening the Cape Fear River and upgrading its container yard. The projects were part of the updates Cozza shared at a luncheon Friday hosted by the N.C. Foreign Trade Promotion Council.

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FTPC Adds RSM’s Charles Craft to Board

PRESS RELEASE — April 5, 2018 The Foreign Trade Promotion Council (FTPC) announced today that H. Charles Craft III, a partner with RSM US LLP(http://rsmus.com/) (“RSM”) is a new board member. RSM US LLP is the nation’s leading provider of audit, tax and consulting...

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2018 North Carolina Ag Export Seminar

Are you a current agricultural exporter or interested in learning more about exporting? The 2018 NC Ag Export Seminar is your opportunity to network with industry professionals experienced in trade finance, logistics, documentation, international market research and...

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Export Decline Drives Up Monthly Trade Deficit

March 13, 2018 Sandler, Travis & Rosenberg Trade Report The U.S. trade deficit in goods and services increased 6.6 percent in January to $56.6 billion, the largest monthly shortfall in nearly a decade, according to trade statistics released by the Department of...

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