Sentences with phrase «huge trade surpluses»

«All these countries that are running huge trade surpluses with us, have no incentive to rock that boat.

It is unclear exactly what the order would do or how harsh it would be, but it would be designed to begin to make good on Mr. Trump's promise during the campaign to redress China's huge trade surplus with the United States.

China ran huge trade surpluses even before then, when it was the Chinese central bank that exported capital as it accumulated one of history's largest hoards of central bank reserves in its efforts to keep down the value of the renminbi.

China has worked hard to produce and sell its wares to eager European and other overseas buyers, amassing, in the process, huge trade surpluses.

Among the creditors that finance these unprecedented sums, the two largest are the central banks of China (with $ 853.7 billion in reserves) and Japan (with $ 831.58 billion in reserves), both of which are the managers of the huge trade surpluses these countries enjoy with the United States.

However, the capital flows needed to sterilize their huge trade surpluses are making the bankers of New York City very rich.