Sentences with phrase «dollar trade deficits»

Not exact matches

The U.S. could dial back the trade deficit by trimming the value of the dollar, suggests Dean Baker, co-director of the non-partisan Center for Economic and Policy Research.

«The policy of promoting an overvalued dollar gave us the record trade deficits that eventually peaked at almost 6 percent of GDP in 2006,» Baker said.

if the dollar is to serve as the world's reserve currency the u.s. must unavoidably run trade deficits.

The connection is the other way around: BECAUSE the dollar is the largest reserve currency, the US gets away with large trade deficits.

From Bush 1 to present, our Country has lost more than 55,000 factories, 6,000,000 manufacturing jobs and accumulated Trade Deficits of more than 12 Trillion Dollars.

The federal government disclosed a larger - than - expected trade deficit and the dollar fell in value.

By the end of the trading day on October 16, which was a Friday, the DJIA had lost 4.6 percent.5 The weekend trading break offered only a brief reprieve; Treasury Secretary James Baker on Saturday, October 17, publicly threatened to de-value the US dollar in order to narrow the nation's widening trade deficit.

Except for a period in the early 1960s, when Robert Triffin explored what became known as the Triffin Dilemma, in which foreign hoarding of U.S. dollars was linked to persistent U.S. trade deficits, the relationship between the capital and current accounts seems since then to have mystified most economists, including those specializing in trade, even as U.S. trade deficits and foreign capital inflows soared, and as the growth in international capital flows, once consisting largely of trade finance, exploded relative to trade flows and relegated trade finance to minor importance.

I published this piece in today's WaPo arguing that based on recent global dynamics — very low interest rates, strengthening dollar, capital flows, larger US trade deficit — the Fed must be very careful about raising rates.

Fundamentals: The Canadian dollar put in an impressive session despite the large than Trade Deficit and the stronger U.S. dollar.

By storing its surplus export revenues in Treasury bonds, South Korea nudges up the relative value of the dollar against our competitors» currencies, and our trade deficit increases, even though the original transaction had nothing to do with the United States.

The U.S. government began to tighten monetary policy years prior to the recession in 1958, also known as the Eisenhower Recession, in an effort to curb inflation; however, prices continued to climb and the strengthening U.S. dollar led to a growing foreign trade deficit.

If trade - surplus countries suppress their own consumption and use their excess savings to accumulate dollars, trade - deficit countries must absorb those excess savings to finance their excess consumption or investment.

Debt - financed tax cuts may well push up interest rates in the U.S., which attracts more foreign investment, which raises the value of the dollar, which makes exports less competitive and imports cheaper, which increases the trade deficit.

The Fear Trade, of course, is driven by low to negative real interest rates — when inflation erodes away at government bond yields — deficit spending, a weaker U.S. dollar and geopolitical uncertainty.

The New Zealand dollar stabilized despite an unexpected trade deficit caused by a jump in imports and a surprisingly large drop in consumer confidence.

When the trade deficit with China was $ 350 billion last year, what it actually meant was that China sent us $ 350 billion worth of goods, and we gave them our printed paper (fiat money dollar) in exchange.

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.

Since 2002, almost 250,000 manufacturing workers have lost their jobs because of the high dollar and our huge and growing trade deficit with developing Asian countries. Many are older workers who will typically face a long stretch of unemployment, followed by employment in a new job at much lower wages.

Chapman expects it will develop into a prolonged recession caused largely by the bursting of the housing bubble and the weakness in the dollar attributable to the United States» large federal budget deficit and international trade imbalance.

You may inflate your way out of your debt problem but you're not going to grow your way out of the debt problem, so let's get behind that and if the dollar got too strong then the impotence from the white house would be to have more tariffs because they are hell bent on shrinking this trade deficit so when Kudlow discusses that, he ought to be very careful about where he is going because this white house, Peter Navarro and Wilbert Ross will push for a weaker dollar because a weaker dollar is Mnuchin and Wilbert Ross both said in Davos, is sending soldiers to the ramparts in the trade war that exists every day.

Lower dollar — Concerns about trade disruptions and the growing budget deficit have pushed the dollar down slightly compared to many foreign currencies.

The combined effects of the appreciation of the dollar and weaker external demand have already seen a sharp increase in the trade deficit, with both a rapid rise in imports and a fall in exports.

Other concerns for the dollar are the US budget deficit and the current account deficit and the upcoming trade war.

By focusing on trade and labor, he implies that the dollar is weakening only because of the trade deficit, not because of military spending and capital flight.

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.

Mr Trump has made narrowing the multibillion - dollar US trade deficit with China a priority for his administration.

If they then hold those dollars as reserves, then that means they imported something into the US without exporting something from the US in trade, which creates a net import, aka, a «trade deficit».

In fact, a healthy chunk of the US trade deficit is a result of the dollar being the largest global reserve currency.

The same data shows that since the start of free trade agreements with NAFTA in 1992, America's trade deficit rose from 39.2 billion dollars to 559.8 billion in 2011, or an increase of over 1428 percent.

The United States has a trade deficit of 111 billion dollars with Europe.

Since the start of free trade agreements with NAFTA in 1992, America's trade deficit rose from 39.2 billion dollars to 559.8 billion in 2011, or an increase of over 1428 percent.

And does it make a difference based on how the USD is doing against other currencies (i.e., if it's only weakening against the Canadian dollar because oil prices shoot up, or if it's weakening against all currencies based on trade deficits)?

For countries with large current account deficits, a weakening dollar can provide relief both in the cost of financing and in trade.

Researchers at the U.S. investment firm expect the Canadian dollar to hit 88 cents USD in 2014 as our trade deficit grows, according to media reports.

Capital flows are much larger than trade flows; it should be no surprise that the US Dollar does not react to the current account deficit.

Aside from the general worries of stock market overvaluation, blame for the collapse has been apportioned to such factors as program trading, portfolio insurance and derivatives, and prior news of worsening economic indicators (i.e. a large U.S. merchandise trade deficit and a falling U.S. dollar, which seemed to imply future interest rate hikes).

Deal with the skyrocketing federal debt and trade deficit and crashing dollar?

And for every reduction in the trade deficit... that's dollars that aren't flowing abroad and can be spent here,» he maintained.

«Sluggishness overseas alongside a strengthening U.S. dollar will widen the trade deficit and slow economic growth potential,» he said.

The trade deficit also continues to weigh on growth, driven by a strong dollar and lackluster overseas growth, but recent housing data support our view that residential investment will help fill the void.»

Consumers are generally bullish, businesses are investing and the trade deficit is benefiting from export growth, which in turn is benefitting from a weaker dollar and broad positive global economic growth.