Today: January 30, 2025
January 30, 2025
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EU commercial deficit increases with force in December by probable import advance

The commercial gap increased 18%to 122.1 billion dollars last monththe office of the census of the Commerce Department. Assets of goods increased by 10,800 million dollars, to 289.6 billion, while exports fell by 7.8 billion, to 167,500 million.

Trump has promised to impose or increase tariffs on imported goods, including those from China, Canada and Mexico.

The expansion of the deficit suggested that the trade probably remained a ballast for the gross domestic product in the fourth quarter. Trade has subtracted from GDP for three consecutive quarters. The Government is expected to publish its preliminary estimate of the Fourth Quarter on Thursday.

A reuters survey between economists estimates that GDP would have grown at an annualized rate of 2.6% last quarter.

The economy grew at a rate of 3.1% in July-September. The expansion is well above 1.8% that federal reserve officials consider the non -inflationist growth rate.

The US Central Bank is expected to maintain its reference interest rate to one day at 4.25% -4.5% at the end of its two-day monetary policy meeting, after having reduced it to 100 basic points since September . The official type rose in 5.25 percentage points in 2022 and 2023 to control high inflation.



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