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Why Trump can’t close the trade deficit Tariffs won’t do the trick. He would have to trash the economy.
What is a trade deficit? An overall trade deficit occurs when the monetary value of a country’s imports exceeds that of its exports. Trump’s tariffs appear focused on balancing or even ...
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...
We got an early look at the balance of trade Thursday morning. Imports in February were more or less flat after surging in January, according to the U.S. Census Bureau. Meanwhile, exports picked ...
Though the balance of dividend and interest payments was a favorable $375,000,000 and miscellaneous transactions yielded another $30,000,000 credit, the U. S. wound up the year owing other ...
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
The balance of trade lately has averaged around 4% of the size of the economy as a whole. Meanwhile, GDP growth has been averaging about 2.75% a year.
Here’s what to know about U.S. trade with the countries hit hardest by Trump’s so-called “reciprocal” tariffs.
China’s Imaginary Trade Data China has a new way of calculating its good surplus in its formal balance of payments data. It is a deeply misleading. It also explains the apparent fall in the ...
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