U.S. has a surplus in services, but trade war could hurt this growing sector - The Washington Post

But U.S. dominance in services trade is irrelevant to the nation’s manufacturing woes, said a White House official who spoke on the condition of anonymity to reflect internal deliberations. Read More

White House eliminates permanent spot for news services in press pool

The wire services in the pool usually included the Associated Press, Bloomberg News and Reuters. Until recently, all three outlets were typically permitted to enter all White House pooled events. Read More

White House: Trade talks to restart after Canada scraps digital service tax

White House National Economic Council Director Kevin Hassett said Monday that U.S.-Canada trade talks will resume immediately, following Ottawa’s move to cancel its digital services tax ... Read More

Ending the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses - Yahoo Finance

Dealmaking has ground to a halt for the U.S. financial services industry, which generated a $130 billion trade surplus last year. Read More

US, Canada to resume trade talks after Ottawa drops digital tax

The United States will resume trade negotiations with Canada immediately after Ottawa scrapped its digital services tax targeting U.S. technology firms, White House economic adviser Kevin Hassett said ... Read More

Trump’s attacks on higher education are driving up the trade deficit

A deeper dive in the services trade surplus shows that education is a significant component, with education-related travel exports coming in at $50 billion in 2023.With over 1 million ... Read More

White House trade adviser downplays Wednesday's news of GDP being down 0.3% - UPI

U.S. economic gross domestic product declined for the first three months of 2025 as imports surged amid Trump administration tariffs, but White House trade adviser Peter Navarro brushed off any ... Read More

This key American business sector has a massive trade surplus with the rest of the world. Its jobs are at risk in a trade war - CNN

While the White House is waging a trade war on behalf of US manufacturing, the largest and most important part of the US economy, one that has a trade surplus, not a gap, is under threat. Read More

Will Trump's tariffs restore manufacturing? The answer may not be simple — or quick - NBC News

Data about Trump's tariffs suggests the U.S. economy is not ready for a ... The White House is using tariffs to ... The United States’ $25.2 billion services surplus is often hidden by its $ ... Read More

At White House, Netanyahu pledges to end trade deficit with U.S.

In a White House meeting on Monday, Israeli Prime Minister Benjamin Netanyahu told U.S. President Donald Trump that his nation will help the United States eliminate trade deficits. Read More

'U.S. rice can hardly compete with Southeast Asian rice.' The China white paper on trade is not conciliatory. - MarketWatch

Stock Market News, April 9, 2025: Dow ends over 2,900 points higher, Nasdaq jumps 12%, S&P 500 up 9.5% after Trump tariff pause ... Read More

U.S. Services Sector, An Exporting Powerhouse, At Risk In Trade War

Despite all the attention on US manufacturing and White House plans to engineer a revival in the sector, the American economy is much more dependent on the services sector for growth. Read More