Sentences with phrase «huge trade deficit»

It's why we have such a huge trade deficit.

That huge trade deficit with China is illusory to some degree.

Top administration officials are visiting Beijing this week for talks aimed at reducing America's huge trade deficit in goods with China, which fell 11.6 percent in March to $ 25.9 billion.

Not exact matches

The president has long complained of what he says are unfair Chinese policies contributing to a huge U.S. trade deficit.

Contracting economies, particularly those also burdened with huge fiscal deficits, don't make great trading partners.

If you think the driving force behind the trade deficit is the savings - investment gap it becomes very obvious that what has destroyed manufacturing jobs is the Republican tax cuts that shifted the saving - investment gap from a relatively minor item to a huge problem.

The ability for Trump to abrogate hard - fought existing trade agreements, to kill off universal healthcare, to deficit spend building a huge amount of infrastructure — including a wall — and provide tax cuts to those of least need is deeply unsettling to many.

I should add that the huge savings deficit in the U.S. shows up as an enormous trade deficit.

Before the LDC Debt Crisis of 1982, for example, huge petrodollar hoards were recycled into developing countries, and these capital flows funded increases in consumption and investment that led to the large trade deficits that balanced the net capital inflows.

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.

But what is so absurd about these flights of wishful thinking is that there is not a single word about the real lessons which Labour needs to learn — the need for radical banking reform, the need for a massive revival of British manufacturing (when this year the UK deficit on traded goods is likely to exceed the entire UK budget deficit), the need to take back public control of the NHS and education system, the need for a jobs and growth strategy rather than a programme of endless cuts, the need for an effective anti-poverty strategy and a huge reduction in inequality.

There is now broad consensus on how these imbalances - the huge gaps in trade deficits and surpluses, and the associated gaps in national savings, consumption, and investment rates - helped caused the housing bubble and the Great Recession.