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U.S. International Trade: Data and Forecasts [Updated May 23, 2006]
"In 2005 the United States incurred a record merchandise trade deficit of $766 billion on a census basis and $782 billion on a balance-of-payments basis (BoP). A surplus in services trade of $58 billion gave a deficit of $724 billion on goods and services (BoP) for the year -- up $108 billion or 17.2% from the $618 billion deficit in 2004. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Lum, Thomas G. (Thomas Gong), 1961-; Nanto, Dick Kazuyuki
2006-05-23
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U.S. International Trade: Data and Forecasts [Updated March 20, 2006]
"In 2005 the United States incurred a record merchandise trade deficit of $766 billion on a census basis and $782 billion on a balance-of-payments basis (BoP). A surplus in services trade of $58 billion gave a deficit of $724 billion on goods and services (BoP) for the year -- up $108 billion or 17.2% from the $618 billion deficit in 2004. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Lum, Thomas G. (Thomas Gong), 1961-; Nanto, Dick Kazuyuki
2006-03-20
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U.S. International Trade: Data and Forecasts [Updated January 31, 2006]
"In 2004 the United States incurred a record merchandise trade deficit of $651 billion on a census basis and $665 billion on a balance-of-payments basis (BoP). A surplus in services trade of $48 billion gave a deficit of $617 billion on goods and services (BoP) for the year -- up $121 billion or 24.3% from the $496.5 billion deficit in 2003. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Nanto, Dick Kazuyuki; Lum, Thomas G. (Thomas Gong), 1961-
2006-01-31
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U.S. International Trade: Data and Forecasts [Updated November 26, 2005]
"In 2004 the United States incurred a record merchandise trade deficit of $651 billion on a census basis and $665 billion on a balance-of-payments basis (BoP). A surplus in services trade of $48 billion gave a deficit of $617 billion on goods and services (BoP) for the year -- up $121 billion or 24.3% from the $496.5 billion deficit in 2003. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Nanto, Dick Kazuyuki; Lum, Thomas G. (Thomas Gong), 1961-
2005-11-26
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U.S. International Trade: Data and Forecasts [Updated August 16, 2005]
"In 2004 the United States incurred a record merchandise trade deficit of $651 billion on a Census basis and $665 billion on a balance-of-payments basis (BoP). A surplus in services trade of $48 billion gave a deficit of $617 billion on goods and services (BoP) for the year -- up $121 billion or 24.3% from the $496.5 billion deficit in 2003. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Nanto, Dick Kazuyuki; Lum, Thomas G. (Thomas Gong), 1961-
2005-08-16
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U.S. International Trade: Data and Forecasts [Updated May 16, 2005]
"In 2004 the United States incurred a record merchandise trade deficit of $651 billion on a Census basis and $665 billion on a balance-of-payments basis (BoP). A surplus in services trade of $48 billion gave a deficit of $617 billion on goods and services (BoP) for the year -- up $121 billion or 24.3% from the $496.5 billion deficit in 2003. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Nanto, Dick Kazuyuki; Lum, Thomas G. (Thomas Gong), 1961-
2005-05-16
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U.S. International Trade: Data and Forecasts [Updated January 5, 2005]
"In 2003 the United States incurred a merchandise trade deficit of $535.7 billion on a Census basis and $549.4 billion on a balance- of-payments basis (BoP). A surplus in services trade of $60 billion gave a deficit of $489.3 billion on goods and services (BoP) for the year, 17% higher than 2002. Year-to-date (January-October 2004), the trade deficit in goods and services, at $500.5 billion, is 21% higher compared to the same period in 2003. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Nanto, Dick Kazuyuki; Lum, Thomas G. (Thomas Gong), 1961-
2005-01-05
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U.S. International Trade: Data and Forecasts [Updated November 24, 2004]
"In 2003 the United States incurred a merchandise trade deficit of $535.7 billion on a Census basis and $549.4 billion on a balance- of-payments basis (BoP). A surplus in services trade of $60 billion gave a deficit of $489.3 billion on goods and services (BoP) for the year, 17% higher than 2002. Year-to-date (January-October 2004), the trade deficit in goods and services, at $500.5 billion, is 21% higher compared to the same period in 2003. [...] Trade deficits are a concern for Congress because they may generate trade friction and pressures for the government to do more to open foreign markets, to shield U.S. producers from foreign competition, or to assist U.S. industries to become more competitive. As the deficit increases, the risk also rises of a precipitous drop in the value of the dollar and disruption in financial markets."
Library of Congress. Congressional Research Service
Lum, Thomas G. (Thomas Gong), 1961-; Nanto, Dick Kazuyuki
2004-11-24
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