Sentences with phrase «on trade deficits»

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)?

Tariffs are a big topic in the news lately, as the United States, China and other countries have been dragged into a debate on trade deficits, intellectual property theft and other trade - related disagreements.

If the fiscal deficit is crowding out investment, cutting it will cause investment to rise, and it might rise by the full $ 100, in which case both savings and investment will rise by enough to have no impact on the trade deficit.

A surge in Australia's terms of trade has mitigated the effect of these developments on the trade deficit, which is estimated to have been around 3 1/4 per cent of GDP in the December quarter 2004, wider than at mid year but broadly similar to the outturns of the past year and a half (Graph 32).

India's net oil import bill increases by over 0.3 percent of GDP with every $ 10 per barrel increase in prices, putting pressure on the trade deficit.

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.

C. Fred Bergsten, a member of the advisory council and director emeritus of the Peterson Institute for International Economics, said the nonlabor members of the group warned not to focus on the «hobby horse» of the U.S. trade deficit with Mexico.

Deep policy divisions appear to exist between the business and labor groups: The report cites the «majority» of members preferring to focus on issues outside trade deficits in favor of a «mutually beneficial» trade deal, sentiments to which the labor union representatives dissent in favor of promoting U.S. investment and jobs.

Perhaps things will break differently, but as the Trump administration digs in on the necessity of reducing the U.S. trade deficit, it's becoming increasingly difficult to see how Canada and Mexico can avoid making significant concessions.

The commerce secretary concluded the figures mock a standard criticism of Trump's fixation on the U.S.'s trade deficit with its NAFTA partners.

Lighthizer, who lacks his boss's need for public attention, appeared at a Washington - based think tank on Sept. 18 to explain at length why the administration is so obsessed with narrowing the trade deficit.

Last week, President Donald Trump condemned the U.S. trade deficit with other countries and proposed plans to impose hefty tariffs on steel and aluminum imports.

As of February, the U.S. also had a record - high $ 375.2 billion trade deficit with China, meaning it spends considerably more on Chinese imports than it makes on exports sent to China.

The surplus was still down 47 percent from a year earlier, with the trade balance remained in deficit as the yen's decline has pushed up costs of imported fuels immediately while its impact on exports will take some time to be fully seen.

«Massive trade deficits & little help on the very weak border must change, NOW!»

Trump then said, according to The Post's reporting on the audio, that his aide returned and reported that the US had a $ 17 billion trade deficit with Canada when energy and timber sales were factored in.

Data released on Wednesday showed the current account - a broadly defined measure of trade that includes services and investment income - recorded a deficit of $ 4.152 billion in February.

«Addressing the U.S. trade deficit is a top priority in renegotiating #NAFTA,» the U.S. Trade Representative's office said in a tweet on Monday, breaking its silence since the talks began last Frtrade deficit is a top priority in renegotiating #NAFTA,» the U.S. Trade Representative's office said in a tweet on Monday, breaking its silence since the talks began last FrTrade Representative's office said in a tweet on Monday, breaking its silence since the talks began last Friday.

Beijing will not sell North Korea down the river in exchange for Trump's leniency on large, and growing, trade deficits with China.

On the campaign trail, Trump attributed the deficit to what he deemed «unfair» trade policy; he charged China, in particular, with currency manipulation.

The news comes on top of two previously announced executive orders focused on lessening the U.S. trade deficit, which exceeded $ 500 billion in 2016.

It's cheaper to produce stuff if I get to throw my waste on your lawn, but it is not a long - term way to reverse the trade deficit,» he adds.

To make matters worse, economists can not agree on what has caused America's manufacturing malaise or why the trade deficit is so persistently large.

But his solutions for shrinking the U.S. trade deficit with China, namely labeling China a currency manipulator and placing tariffs on Chinese goods, are not as heretical as you might think.

«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.

A domestic energy boom has seen the United States reduce its dependence on foreign oil, helping to temper the trade deficit.

If the new administration is serious about its promises to restore manufacturing and fix the nation's trade deficits, it should naturally focus on helping to develop new technologies and products that we can build and export.

China posted a surprise trade deficit on Friday, after Chinese exports fell 2.7 % year - on - year in March due to the Chinese New Year slowdown this year.

Everything from currency to the trade deficit to intellectual property rights is on the agenda.

Germany, by comparison, has much less to complain about: Its goods trade deficit with China remains on a steeply declining trend, falling last year to 14.2 billion euro, a 21.5 percent drop from 2016.

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.

As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.

America's growing trade deficit is one of President Trump's main arguments for imposing tariffs on China.

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.

«What there is is Negotiations going on with North Korea over Nuclear War, Negotiations going on with China over Trade Deficits, Negotiations on NAFTA, and much more.

As the calendar turned, a risk environment that was going strong on tax cuts, deregulation and free - market capitalism quickly gave way to 2018 themes of interventionism, trade wars and rising fiscal deficits.

It's the foundation for trade deficit based on capital flows.

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.

Still, the UK's trade deficit with China was $ 28.7 billion in 2016 (# 25.4 billion), the highest on record.

And though exports of oil have increased, helping to shrink the U.S. trade deficit in energy by half from fourth quarter 2016 to fourth quarter 2017, the improvement has had negligible impact on the much larger overall U.S. trade deficit, which grew during that period.

Still, Canada says it has a trade deficit with the U.S. on dairy and has pledged to defend the sector, which is concentrated in regions whose support Prime Minister Justin Trudeau's Liberal Party relies on.

If the trade deficit to Asia is suddenly reverse, we'll see China — and countries linked to China — experience a major drag on growth.

Yet like Macron, she differs with Trump on many issues, including immigration (Trump called the chancellor's open - door refugee policy a «catastrophic mistake»), trade (he has derided the U.S.'s «massive» $ 64 - billion trade deficit with Germany), and defense spending (he thinks Berlin should have more of it).

Gross domestic product grew 1.7 percent in the second quarter, though favorable trade deficit figures on Tuesday led some economists to boost their estimates for future revisions.

His view, as articulated both on Twitter and at Tuesday's press conference with Swedish Prime Minister Stefan Löfven, is that trade wars are good for the United States — in fact, «good, and easy to win» — because we currently run a trade deficit.

Trump said on the recording that after Trudeau told him the U.S. does not have a trade deficit with Canada, he replied, «Wrong, Justin, you do,» then added, «I didn't even know... I had no idea.»

Parkin was referring to a recent phone call where Donald Trump incorrectly told the prime minister that the U.S. has a trade deficit with Canada — a comment he also repeated on social media.

«Balancing the budget for a fourth year in a row --- while other provinces grapple with debt, deficits, and economic uncertainty — is an accomplishment that gives the business community reassurance that B.C. is on the correct course,» said Iain Black, President and CEO of The Vancouver Board of Trade.

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.

Trump has vowed to bring down America's massive deficits, which he blames on bad trade agreements and abusive practices by U.S. trading partners.