Sentences with phrase «american trade deficits»

Tonko became a prominent opponent of the Trans Pacific Partnership (TPP) in 2015, citing American trade deficits and the use of child labor by at least four countries who had already signed the pact as among his reasons for opposing the deal.

The rationale for these measures is that they'll reduce American trade deficits — in particular, the widening deficit with China — and thus benefit the U.S. economy.

This is the only way to resolve American trade deficits.

The American trade deficit with China in January and February was running at an annual rate of $ 391.2 billion — a 20 percent increase over the same period of 2017.

The paradoxical consequence could very easily be a wider American trade deficit even as the American trade deficit with Mexico contracts.

So while changes in trade policy can shift imports and exports from one country to another, for example, reducing the American trade deficit with China while increasing its trade deficit with Thailand, they are unlikely to reduce the American trade deficit overall.

It can easily be the case that the American trade deficit with China rose by only $ 10 billion, in which case the American trade deficit with the rest of the world necessarily rose by $ 9 billion, while the Chinese trade surplus with the rest of the world necessarily rose by $ 12 billion.

Because of U.S. trade intervention, in other words, U.S. jobs gains in industries competing with Mexico would be more than offset by U.S. jobs losses as a larger overall American trade deficit undermined other American industries.

The American trade deficit fell in March, yet the goods gap with China, $ 106 bln this year so far, keeps widening.

Not exact matches

The administration's latest move to shore up the U.S. trade deficit could have unintended consequences on businesses that account for the lion's share of American jobs.

Trump announced this past week that he intended to renegotiate the North American Free Trade Agreement and begin reworking a trade deal with South Korea, with which the U.S. has a significant trade defTrade Agreement and begin reworking a trade deal with South Korea, with which the U.S. has a significant trade deftrade deal with South Korea, with which the U.S. has a significant trade deftrade deficit.

The key problem is the American chronic trade deficit with Germany.

Second, make a deal with Germany to cut U.S. trade deficits by boosting American exports to the EU while replacing a significant part of imports with products generated by European companies in their U.S. production facilities.

«We're working on a tax reform bill that will reduce our trade deficits, increase American exports and will generate revenue from Mexico that will pay for the wall if we decide to go that route,» said Trump.

Japan was conspicuously absent from a list of U.S. allies that would be exempt from new American tariffs, possibly because of Trump's displeasure with the bilateral trade deficit the U.S. has with Japan.

For the same reason that absolutely no relevant information about my economic health is conveyed by knowledge of the fact that I have a large trade deficit with my plumber (who is one of many people with whom I economically interact), absolutely no relevant information about America's economic health is conveyed by knowledge of the fact that America has a large trade deficit with China (which is one of many countries with which Americans economically interact).

The White House wants to reduce what it maintains is the United States» trade deficit with the 28 - member European Union and is seeking concessions, such as lower tariffs on American cars sold here.

How the U.S. trade deficit will affect growth in the U.S. economy depends on whether American businesses are already able to invest as much as they desire to expand production or are unable to do so because of insufficient savings.

As evidence that the U.S. deficit is caused by expensive labor, high manufacturing costs, and the spendthrift habits of Americans, many economists will point out that the United States runs bilateral trade deficits with many countries, and not just with China.

How many times, for example, have you heard economists insist that the US trade deficit was «caused» by the fact that Americans refuse to save, or, even more foolishly, that «no one held a gun to the American consumer's head and forced him to buy that flat - screen TV»?

The bigger the trade deficit, the greater the net amount of capital the United States was importing, and on average the more productive investments Americans could fund.

The U.S. trade deficit is a major reason President Donald Trump promised to renegotiate the North American Free Trade Agreement (NAFTA), even though economists generally agree that a bilateral trade balance is not directly linked to trade potrade deficit is a major reason President Donald Trump promised to renegotiate the North American Free Trade Agreement (NAFTA), even though economists generally agree that a bilateral trade balance is not directly linked to trade poTrade Agreement (NAFTA), even though economists generally agree that a bilateral trade balance is not directly linked to trade potrade balance is not directly linked to trade potrade policy.

The number of Americans receiving unemployment aid fell to its lowest since 1973, and the U.S. trade deficit narrowed for the first time in seven months.

The Trump administration, for example, wants not just to force a contraction in the trade deficit but has also proposed policies aimed at increasing U.S. investment, partly by making investment more profitable (cutting corporate taxes and rebuilding American infrastructure) and partly by increasing savings (cutting taxes on the very wealthy).

One of the Trump administration's main goals in triggering a renegotiation of the North American Free Trade Agreement was narrowing the U.S. trade deficits with Canada and MeTrade Agreement was narrowing the U.S. trade deficits with Canada and Metrade deficits with Canada and Mexico.

On the corporate side, the disappointing manufacturing PMI number has to be considered alongside a much better reading for services, while the US trade deficit narrowed sharply in September due to a rebound in foreign countries» demand for American goods in spite of a strong US dollar.

Mnuchin stressed that the objective was to rein in the trade deficit and pressure China on the decades - long practice of stealing American intellectual property.

Mr. Trump's advisers said the president remains resolute and views the pugilistic approach as the only way to force China to end two decades of industrial policies that have hollowed out American manufacturing and resulted in a ballooning trade deficit.

«We're working on a tax reform bill that will reduce our trade deficits, increase American exports and will generate revenue from Mexico that will pay for the wall if we decide to go that route,» Trump announced at a GOP policy retreat in Philadelphia.

Much of the debate over the past years about the benefits and the costs global specialization, primarily the rapid advance of China as a major manufacturing center has been less about the financial costs — the $ 12 trillion dollars of additional liquidity that the US consumers offered to the world (the cumulative US trade deficit from 1990 through 2015 compared to the over $ 3 trillion dollars in trade surplus run - up by China over this same period — and more in terms of the jobs lost and the impact of foreign products on American wages in manufacturing.

As a consequence, Americans should be glad — not angry — that we have experienced a rising trade deficit over this decade.

Since the United States» trade deficit appeared in 1975, the number of Americans employed in the manufacturing sector has decreased year by year from twenty five percent of the population to ten percent in 2010.

Since the United States trade deficit started in 1975, the number of Americans employed in the manufacturing sector has decreased.

Real wages for most Americans have fallen and the nation has faced a persistent trade deficit.

$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.

So reports the National Oceanic and Atmospheric Administration's (NOAA's) Fisheries Service which makes a case for boosting domestic seafood production, noting that Americans eat a lot of seafood, and import 86 percent of it, creating a U.S. seafood trade deficit that now exceeds $ 10.4 billion annually, second only to oil when it comes to natural resources.

The resulting low - cost power enables Chinese manufacturers to compete more effectively against American firms, swelling our trade deficit.

A CO2 tax trumps them all... reducing our trade deficit, making our economy more efficient, ameliorating global warming, and showing the world that American capitalism has not lost its edge.

The recent U.S. Trade Representative NAFTA aspirational paper, «Summary of Objectives for the NAFTA Renegotiation», states that «since the deal came into force in 1994, trade deficits have exploded, thousands of factories have closed, and millions of Americans have found themselves stranded, no longer able to utilize the skills for which they had been trained.&rTrade Representative NAFTA aspirational paper, «Summary of Objectives for the NAFTA Renegotiation», states that «since the deal came into force in 1994, trade deficits have exploded, thousands of factories have closed, and millions of Americans have found themselves stranded, no longer able to utilize the skills for which they had been trained.&rtrade deficits have exploded, thousands of factories have closed, and millions of Americans have found themselves stranded, no longer able to utilize the skills for which they had been trained.»