Tag Archives: trade deficit

Kampala, Uganda | THE INDEPENDENT | Vice President Jessica Alupo has said Uganda will benefit more from its relationship with China if the wide trade deficit between the two countries is narrowed. Speaking during the celebrations to mark 60 years of Uganda’s diplomatic relationship with China, at the Kampala Serena Hotel, …

Kampala, Uganda | THE INDEPENDENT | Uganda has lost the trade deficit it had recorded against the European Union in July as imports of merchandises grew faster than the exports to the same region. Both exports and imports dropped sharply in April 2020, the first month of the lockdown that …

Washington, United States | AFP | US exports plunged 9.6 percent in March — the biggest monthly decline on record — increasing the trade deficit to $44.4 billion as the coronavirus pandemic disrupted global commerce, according to government data released Tuesday. While widespread business shutdowns in the United States did not …