The real story is the dramatic growth of used trade books through online channels.

What we're doing as a trade publisher is allowing users to experience new books whenever they want, the same way that they might not have the time to listen to a radio show the day it's broadcast, but will listen to it later.

Trade is balanced. Growth of exports and imports was practically the same.

In response to rapid growth in cross-border trade and the growing need for automating global trade operations, we are expanding our international presence to assist multinational companies in optimizing their financial supply chain. Emmanuel is the ideal choice to lead our European efforts. We are thrilled to have him on board.

A trade deficit like this is unacceptable, ... It lowers our GDP growth.

Markets were caught off-guard by a blow-out trade deficit, ... This could affect growth.