U.S. Trade Deficit Narrows Amid Record Oil Export Surge and AI Imports

The U.S. trade deficit narrowed slightly in April as a record surge in petroleum exports offset a massive increase in imports of artificial intelligence infrastructure equipment, leaving the underlying trade position little changed.

The post U.S. Trade Deficit Narrows Amid Record Oil Export Surge and AI Imports appeared first on Breitbart.

Philippines’ trade deficit at $5.97 billion in April

MANILA — The Philippines posted a trade deficit PHTBAL=ECI of $5.97 billion in April, preliminary official data showed on Friday. Imports PHIMP=ECI in April rose 22.4% to $13.2 billion from a year earlier, while exports PHEXP=ECI increased 6.3% to $7.2 billion, the Philippine Statistics Authority said. —Reporting by Mikhail Flores; Editing by Martin Petty

The post Philippines’ trade deficit at…

FDA cites three companies for failing to verify safety of a variety of imported products

_As part of its enforcement activities, the Food and Drug Administration sends warning letters to entities under its jurisdiction. Some letters are not posted for public view until weeks or months after they are sent. Business owners have 15 days to respond to FDA warning letters. Warning letters often are_

Pakistan considering buying LNG on spot market to offset supply disruptions caused by Iran war: petroleum minister

Pakistan is considering buying liquefied natural gas (LNG) on the spot market to offset supply disruptions caused by the Iran war, but would favour government-to-government deals to avoid having to pay steep premiums, Petroleum Minister Ali Pervaiz Malik has told _Reuters_.

Qatar’s force majeure forced Pakistan to make costly spot purchases or find alternative fuels ahead of summer demand.

Spot…

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India’s Working Poor Are Being Priced Out of Basic Meals

For many migrant workers in India, the inability to cook affordably disrupts the economics of city life. As fuel becomes increasingly expensive due to market volatility and supply shocks, families are being forced to ration meals or relocate.


India’s shift to market-linked LPG pricing is passing global fuel shocks, exacerbated by the chaos in the Middle East, directly to households.…

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FDA warns New York firm for failing to verify safety of imported foods

_As part of its enforcement activities, the Food and Drug Administration sends warning letters to entities under its jurisdiction. Some letters are not posted for public view until weeks or months after they are sent. Business owners have 15 days to respond to FDA warning letters. Warning letters often are_

BRICS Collapse Continues: South Africa Imposes Hefty Tariffs on Chinese Steel

The International Trade Administration Commission of South Africa (ITAC) announced on Friday that it will impose heavy tariffs on Chinese steel, after an investigation found evidence of product dumping.

The post BRICS Collapse Continues: South Africa Imposes Hefty Tariffs on Chinese Steel appeared first on Breitbart.

U.S. Census Report Shows Wine and Beer Exports Collapsed by $472 Million in 2025

U.S. wine and beer exports plummeted by $472 million in 2025, a 26 percent drop from 2024 figures, a new report from the U.S. Census Bureau shows. The category, which the Census Bureau labels “Wine, beer, and related products,” totalled $1.2 billion last year in exports. Those exports fall under the Census Bureau’s “Wine, beer, and related products” sector, which includes sparkling and still…

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Supreme Court Strikes Down Trump’s Tariffs, a Potential Win for the U.S. Alcohol Industry

The Supreme Court ruled against President Trump’s sweeping tariffs on Friday, a decision that could return U.S. alcohol imports to levels seen before the second Trump era. It is the first Supreme Court ruling to thwart a key component of the administration’s economic agenda. A dozen states and a number of small businesses sued the president after the announcement of his self-dubbed “Liberation…

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