US trade deficit hits record

The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.


Boeing CEO to push Biden for 'productive dialogue' with China

"Given the importance of the Chinese market to our near-term delivery profile, as well as future orders which influence future production rates, we will continue to engage with leaders in both countries to urge a productive dialogue, reiterating the mutual economic benefits of a strong and prosperous aerospace industry," Calhoun told analysts on the Boeing's first quarter earnings call. "China represents 25% of the global growth in our industry over the next decade."


U.S. eases COVID-19 restrictions on Chinese students

The Biden administration on Tuesday said it was easing travel restrictions on Chinese and other international students into the United States this fall, a change that could provide financial help to some colleges whose enrollments declined during the coronavirus pandemic.