Sentences with phrase «large trade deficits»

Larger budget deficits would mean larger trade deficits with the attendant costs and less space for government to respond to the next recession.
I've given you some candidates above, and I'd add over this period: especially large trade deficits and the rise of the finance sector.
China runs large trade deficits with most east Asian countries, but these are more than offset by trade surpluses with the United States and Europe.
Will trade liberalization benefit those countries that have large trade deficits in services?
Also, to the extent that retaliation generates a GDP drag from larger trade deficits (think about that, Trump), the Fed could raise less quickly — or pause in their «normalization» campaign.
The second largest trade deficit is $ 69 billion with Japan.
With its flexible financial system and the gradual elimination by the 1970s of all capital restrictions, the United States was able quickly to adapt, and began running large trade deficits whose costs, in the form of unemployment and consumer debt, it was willing to absorb for geopolitical advantage, the importance of which soared during the Cold War.
It is virtually impossible, however, for this to happen because the U.S. regime is built around large trade deficits, making it incompatible with a China - centered regime for which large trade surpluses at its center are a structural necessity.
The U.S. is almost guaranteed to have large trade deficits year after year A low savings rate makes shrinking the trade gap much harderA low savings rate makes shrinking the trade gap much harder, writes Rex Nutting.
Beginning around 1980, the United States began running very large trade deficits for the first time.
For example, Ontario runs a very large trade deficit with China and a smaller one, though still sizeable, with Mexico.
Since the 1990s, though, Japan's growth has been mostly flat, and trade friction much more subdued, even as the United States continues to run large trade deficits with Japan.
And with a slow - growing economy and large trade deficits, Washington will probably be even less tolerant of an onslaught of Japanese exports.
Trump is taking Beijing to task over China's large trade deficit with the U.S., which Washington says is in part due to unfair trade practices.
MEXICO CITY, March 5 - Ministers from the United States, Canada and Mexico meet on Monday to wrap up the latest round of NAFTA talks under the shadow of U.S. «We have large trade deficits with Mexico and Canada.
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).
But more important, the United States has by far the largest trade deficit in the world, which means that the other big economies like Germany, Japan, and China are dependent on U.S. demand for their economies to grow.
The connection is the other way around: BECAUSE the dollar is the largest reserve currency, the US gets away with large trade deficits.
We have large trade deficits with Mexico and Canada.
This reflects a view that Trump has consistently maintained in his personal rhetoric and that has been reflected in the official documents put out by some of the members of his trade team — trade deficits are per se bad, reducing them induces prosperity mechanically, and so there is no downside to a trade war with a country with whom the United States runs a large trade deficit.
The United States has the world's largest trade deficit.
That's why the countries with which the United States has the largest trade deficits in goods are not always its most important trading partners.
If there is such a thing as a global engine of growth, in the latter case, it is the country that is able (or is forced) to import the most amount of capital and export the most amount of demand (i.e. run the largest trade deficit).
The US was also a debt ridden, debtor nation that had large trade deficits.
Large trade deficits can contract under conditions of high unemployment, but they can also contract under conditions of low unemployment.
Something similar happened a decade later, when East Asian countries, after years of mercantilist trade surpluses, began running large trade deficits.
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.
The US is Australia's number three trade partner, after China and Japan, but unlike its trade with China, Japan and Korea, Australia has a large trade deficit with the US.
And a bigger current - account deficit means that the already - large trade deficit will only widen further, violating one of the main tenets of Trumponomics — that making America great again requires closing the trade gap.
It is not hard to imagine a scenario where the US runs larger trade deficits, both bilaterally and at the headline level, as a result of NAFTA's demise.
If the US fails to run a large trade deficit each year, the cost of buying and selling dollars would necessarily increase leading to higher costs to support the larger amount of world trade that is dependent upon using dollars for the transaction.
And if the US has a large trade deficit, the conclusion is that jobs and wealth could be generated by stopping imports and producing the goods inside the US, while losing exports is a smaller problem in comparison.
Arguably, a contracting economy would decrease the tax base, increasing the budget deficit while at the same time decreasing the domestic market's ability to buy treasuries, leading to a larger trade deficit.
However Wilson's government had inherited a large trade deficit that led to a currency crisis and ultimately a doomed attempt to stave off devaluation of the pound.
Large trade deficits can contract under conditions of high unemployment, but they can also contract under conditions of low unemployment.
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