Sentences with phrase «ran a deficit with»

But trade flows appear to be shifting: the U.S. ran a deficit with Canada over the three most recent quarters for which data are available, according to the U.S. Census Bureau.

According to Trump's own trade representatives, the answer is no — the U.S. does run a deficit with Canada when it comes to goods, but its surplus in services far outweighs that, leaving an overall surplus of $ 12.5 billion for 2016.

The United States runs a deficit with countries who fit at least one of the following three criteria.

Navarro and Trump will argue that we run a deficit with Mexico which must be balanced (perhaps through renegotiating the NAFTA).

In fact, the U.S. also runs a deficit with Canada, and that's mostly because of oil and gas.»

Canada's trade surplus with the U.S. stands out because it runs a deficit with the rest of the world.

If you are on equalized payments, and you have run a deficit with the utility company, expect to bring that bill current before your lawyer can discharge the mortgage!

Not exact matches

For example, Ontario runs a very large trade deficit with China and a smaller one, though still sizeable, with Mexico.

In January and February, the U.S. trade deficit with those three large economic systems, accounting for about 40 percent of world's demand and output, was running at an annual rate of $ 612.3 billion, a 3 percent increase from the same period of 2017.

The American trade deficit with China in January and February was running at an annual rate of $ 391.2 billion — a 20 percent increase over the same period of 2017.

Last year, China ran a whopping 176 billion euro trade surplus with the EU, while the U.S. took a 120.8 billion euro deficit.

The United States runs a hefty goods trade deficit with China of $ 375 billion.

Finance Minister Jim Flaherty, who ran a projected $ 56 - billion federal deficit last year, recently softened his stance on stimulus along with his deadline to get back to balance, but even little trims hurt.

But does the U.S. run a trade deficit with Canada?

Central banks printed money with abandon while governments shovelled it into failed banks and ran up massive deficits.

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.

Germany, with which the United States has run a trade deficit for years, is particularly concerned, having been repeatedly named alongside China as a possible currency manipulator.

Trump reportedly said he told Trudeau that the U.S. runs a trade deficit with Canada — but didn't actually know whether that was true

Unfortunately, most Canadians seem to have drunk the conservative fiscal «grape juice» that all deficits and debt are bad and that any government that would run a deficit, no matter how small, is not a government to be trusted with managing the country's finances.

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.

They need legislation that can pass with 51 votes, and for that, they need the bill to not raise the long - run deficit.

Unless the federal government believes that it is more important to steadily reduce the debt ratio (to 20, 15, 10, or zero per cent), rather than dealing with other critical policy issues, then the federal government will soon have to start running deficits.

While China was busy selling more to the U.S., it was buying more from other countries, and ran a $ 9.86 billion deficit with the rest of the world in the quarter.

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.

But the president declared that the United States would no longer tolerate running a trade deficit of nearly $ 400 billion with China, its second - largest trading partner, after the European Union.

In the 19th Century England and the United States played these two roles, with excess English savings pouring into the United States to fund growth in history's most successful emerging market, and while the British ran persistent trade surpluses, and the US ran persistent trade deficits, both countries got richer.

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 was overheard telling donors at an event in Missouri the previous night that he insisted to Trudeau that the United States runs a trade deficit with its neighbour to the north — without any idea of whether this is the case.

America has been pressuring India, saying «Look, we're running a big trade deficit with you, so you have to balance it by buying what we can export.»

Most managers running retail and pension money have no idea what a triple - hook rating means for any company with massive cash flow deficits operating in a financial environment in which the Fed is not printing trillions of dollars that can be recycled into bad ideas.

The Chinese, the Mexicans, and whomever else we run a bilateral deficit with are the enemies.

And he pledged to lower U.S. trade deficits by raising tariffs on goods from countries that run large trade surpluses with the U.S.

So the United States provides other countries with the money to pay their debt to the United States by running a trade deficit.

As evidence that the U.S. deficit is caused by expensive labor, high manufacturing costs, and the spendthrift habits of Americans, many economists will point out that the United States runs bilateral trade deficits with many countries, and not just with China.

If the US were to run a positive current account balance with all of the other 9 largest economies in the world, the chance of the US running large, persistent current account deficits with the entire world would be tiny cuz that'd assume huge surpluses by countries that account for ~ 1 / 3rd of world GDP.

In the 2015 election, Trudeau ran on an economic platform that touted deficit - financed infrastructure spending and a boost in federal benefits for families with kids.

Mr. Prasad said that some persistent deficits, like the one that the United States runs with many countries including China, could be a sign of structural imbalances, like China's historic tendency to undervalue its currency.

In there, he discussed how it makes sense for Canada to run a trade deficit with the US cuz it's a large energy exporter to the US.

The United States» bilateral deficit with Thailand is just under the $ 20 billion threshold, and the U.S. runs a bilateral surplus with Singapore (even with Singapore's massive global surplus) thanks in part to large exports of fuel oil.

Despite the region running on a gasoline supply deficit (compared to this week last year), all states saw prices decrease, which is in - line with the national trend, on the week: Wyoming -LRB--4 cents), Colorado -LRB--4 cents), Montana -LRB--2 cents), Idaho -LRB--1 cent) and Utah -LRB--1 cent).

More to the point, the United States runs a $ 65 billion trade deficit in goods with Germany, its widest in Europe and third - largest overall — a key sticking point for Trump in his relationships with foreign leaders.

With the federal budget coming soon, it is also worth recalling that the Liberals promised to run deficits of no more than $ 10 - billion for a maximum of three years, but the government's latest projections peg its annual deficits at almost $ 30 - billion with no timeline for returning to a balanced budWith the federal budget coming soon, it is also worth recalling that the Liberals promised to run deficits of no more than $ 10 - billion for a maximum of three years, but the government's latest projections peg its annual deficits at almost $ 30 - billion with no timeline for returning to a balanced budwith no timeline for returning to a balanced budget.

Last month Centeno survived a standoff with the European Commission (EC), which rejected his first budget for running a fiscal deficit above 3 % of GDP.

Many economists reject this debt anchor and instead believe that with a strong economy now is the time not only to eliminate the deficit, but also to run surpluses and reduce debt.

The widening of the current account deficit will be essentially the result of an external contraction of demand, with domestic demand running only slightly faster than trend.

The recent federal election featured something of a debate on fiscal policy, with the Liberals promising to run modest deficits for three years in order to stimulate a sagging economy and finance needed long - term investments in infrastructure and social programs.

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.

President Trump boasted in a fundraising speech Wednesday that he made up information in a meeting with the leader of a top U.S. ally, saying he insisted to Canadian Prime Minister Justin Trudeau that the United States runs a trade deficit with its neighbor to the north without knowing whether that was true.

Once the Bretton Woods system broke down in 1971, the United States discovered they could run very large trade deficits with the rest of the world.

But all this is history, with the government now running the largest deficit ever.