Sentences with phrase «reducing trade deficits»

Reducing trade deficits, he has argued, will work in tandem with lowering taxes and reducing federal regulations to supercharge growth.

The goals include reducing trade deficits with NAFTA countries, strengthening rules of origin to ensure the pact's benefits aid products that are made in North America and increasing market access for telecommunications and financial services.

That was dropped and the latest tax policies seem to abandon much of the strong mechanism for reducing trade deficits with policies that increase the fiscal deficit and thus capital account surplus.

The president introduced a slew of new measures aimed at reducing the trade deficit with China.

«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.

Trump appears to have under - reported how much he asked Beijing reduce the trade deficit between the two countries by $ 99 billion.

Earlier this week, U.S. President Donald Trump put issued an ultimatum to China... reduce the trade deficit (i.e. the difference between the amount of goods and services that America imports from China versus the amount it exports to China) by US$ 100 billion.

Fifth, President Trump has expressed concern about the magnitude of the trade deficit and his chairman of the Council of Economic Advisers said that «a corporate tax cut to 20 percent would dramatically reduce the trade deficit.»

So, if the Administration is serious about reducing the trade deficit (and they have the moxie!)

Despite Mr. Trump's frequent promises to reduce the trade deficit, many economists believe that his trade policies will be largely powerless to reverse the trend.

There was talk of reducing the trade deficit which seemed to fit with the BAT.

In a statement Tuesday, Wilbur Ross, the Commerce Secretary, said the administration would ultimately reduce the trade deficit by enforcing trade rules, renegotiating existing trade pacts and forming new ones.

Economist and White House aide Peter Navarro has argued that Trump's economic policies will somehow both reduce the trade deficit and attract foreign investment.

The U.S., on the other hand, wants to reduce its trade deficit with China by $ 100 billion, or over one - quarter.

US President Donald Trump launched this action to reduce the trade deficit between both countries and pressure China into investigating intellectual property violations, among other reasons.

There is clear understanding that we have mutual interest in reducing the trade deficit.»

As president, he has set out to reduce the trade deficit (meaning the US isn't importing much more than it exports) with Mexico and Canada.

Their differences are illustrated by their past statements on trade, along with their stances on two major trade issues: Renegotiating NAFTA and reducing the trade deficit with China.

«China acknowledged our shared objective to reduce the trade deficit which both sides will work cooperatively to achieve,» a joint statement from Ross and treasury Secretary Steven Mnuchin said.

«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,» Trump announced at a GOP policy retreat in Philadelphia.

The Trump administration wants China to reduce the trade deficit with the U.

Of course, the concept of reducing the trade deficit causing short term benefits is weak.

On Wednesday new trade war concerns surfaced as Trump announced his administration will seek to reduce the trade deficit with China by $ 100 billion by using tariffs; that made the materials and industrials sectors the biggest decliners for the day.

One would be to reduce our trade deficit, and another is the environmental harm from burning fossil fuels.

A CO2 tax trumps them all... reducing our trade deficit, making our economy more efficient, ameliorating global warming, and showing the world that American capitalism has not lost its edge.

I certainly don't want to become dependent on French electricity — in my view reducing our trade deficit is more important than appeasing NIMBYs.

Not exact matches

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.

Finance Minister Jim Flaherty argued that low tariffs had been subsidizing trade partners that were no longer «developing countries»; others speculated it was a bid to reduce the deficit or prod free trade talks.

U.S. President Donald Trump has repeatedly threatened to abandon the 23 - year - old pact unless it can be rewritten to reduce U.S. goods trade deficits of about $ 64 billion with Mexico and $ 11 billion with Canada.

But without a consensus from the economic community, it would be unwise to risk stamping out the economic recovery by sparking a trade war with China over currency disputes or drastically reducing the budget deficit.

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

«Due to the large U.S. trade deficit, it was clear that ethanol could be one of those products used to reduce the imbalance,» the diplomat said.

«We assessed what we could gain from it (a «Frexit»),» Rachline told CNBC, saying that the Front National wants to implement a strategy of «smart protectionism» to reduce unemployment figures and the country's trade balance deficit.

President Donald Trump has gained an important ally in his effort to reduce the U.S. trade deficit: the head of the biggest bank in the country.

Reducing the fiscal deficit, according to Shultz and Feldstein, causes total U.S. savings to rise, and as total U.S. savings rise, the gap between U.S. savings and U.S. investment must fall, bringing down both the capital account surplus and the trade deficit.

Trump proposes eliminating America's $ 500 billion trade deficit through a combination of increased exports and reduced imports.

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 rationale for these measures is that they'll reduce American trade deficits — in particular, the widening deficit with China — and thus benefit the U.S. economy.

For example, if we reduce the fiscal deficit, total savings must rise, in which case the gap between savings and investment must decline with that both the capital account surplus and the trade deficit must decline.

That made predicting the consequences of protectionist measures easy: They would reduce the bilateral trade deficit and thus the overall deficit.

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.

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.

«They also discussed the trade deficit between our two countries and committed to continuing the dialogue to find a mutually agreeable way to reduce it,» a Treasury spokeswoman said.

If Washington takes steps to reduce or eliminate Mexico's bilateral surplus with the United States, and this causes net capital inflows into Mexico to decline, Mexico's [trade] deficit must decline, regardless of what happens to its bilateral surplus with the United States.

Chinese trade surplus: Because Beijing's decision would reduce the Chinese capital account deficit, it would necessarily also result in a reduction in the Chinese current account or trade surpluses.

U.S. trade deficit: Because Beijing's decision would reduce the overall U.S. capital account surplus, it would also reduce the U.S. current account and trade deficits.

Finally, the fifth way would cause the U.S. trade deficit to decline in ways that would likely either reduce U.S. unemployment or reduce U.S. debt; this fifth way would also cause the Chinese trade surplus to decline in ways that would likely either increase Chinese unemployment or increase Chinese debt.

Generally speaking a currency will fall because of a trade deficit, not because it is being reduced.

So while changes in trade policy can shift imports and exports from one country to another, for example, reducing the American trade deficit with China while increasing its trade deficit with Thailand, they are unlikely to reduce the American trade deficit overall.

The second two ways would change nothing for China but would cause the U.S. trade deficit to decline, either in ways that would reduce U.S. unemployment or that would reduce U.S. debt.