October 6, 2026
United States:
US Trade Gap Widens to $105.6 Billion as Imports Hit Record
The US trade deficit widened sharply in August to the largest since early 2025 as a surge in inbound shipments of capital goods helped push imports to a record.
The gap in goods and services trade grew 13.7% from the prior month to $105.6 billion, Commerce Department data showed Tuesday.
Europe:
Germany and France Drive EU to Get Tough on Chinese Trade
A joint call from France and Germany for new measures to curb Chinese imports will strengthen the European Commission’s position as it tries to rebalance trade ties with Beijing.
In a paper and letter to Commission President Ursula von der Leyen, the European Union’s biggest economies proposed quicker mechanisms to protect domestic industries under threat from Chinese rivals.
Asia:
Ueda Does Little to Challenge Bets Against October BOJ Hike
Bank of Japan Governor Kazuo Ueda gave little indication that he intends to challenge prevailing bets against a back-to-back interest rate increase this month, reiterating the bank’s standing policy views.
“We intend to continue raising the policy interest rate and adjusting the degree of monetary accommodation in response to developments in economic activity, prices, and financial conditions,” Ueda said in a brief speech Tuesday in Tokyo.
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