Sentences with phrase «running deficit trade»

In normal circumstances he believed in a balanced budget and maybe a bit of a surplus for bad times but what he believed was fatal to a nation was running deficit trade imbalances.

Not exact matches

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

That should ensure that borrowing costs will remain low, but in the longer - run trade deficits and shrinking current account surpluses could threaten Japan's ability to finance a debt pile that is twice the size of its economy, the highest ratio in the developed world.

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.

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.

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.

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

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.

if the dollar is to serve as the world's reserve currency the u.s. must unavoidably run trade deficits.

In this case, the United States runs a «good» trade deficit, driven by higher investment, not lower savings.

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.

For much of the nineteenth century, the United States also ran trade deficits and capital account surpluses, but while there were already capital flows driven by investors making independent decisions about where to park their money, roughly 90 percent of the international business done by London banks consisted of trade finance.

U.S. investment exceeds U.S. savings, and the United States runs a trade deficit that is by definition equal to the gap between investment and savings.1 It also runs a capital account surplus equal to the gap because this is the amount of net foreign capital inflow that bridges the gap, and the trade account and the capital account for any country must always balance to zero.

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

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.

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.

The United States during this period ran large trade surpluses and capital account deficits as it exported its excess savings to fund its net exports while the growth of its trading partners was constrained by their urgent investment needs.

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.

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).

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.»

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.

America has been running trade deficits for forty years, long before China even became a major trading nation.

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

Something similar happened a decade later, when East Asian countries, after years of mercantilist trade surpluses, began running large trade deficits.

The trade implications are clear: China ran a $ 22 billion trade surplus, and the U.S. trade deficit increased by $ 19 billion.

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.

And when they ran trade deficits or undertook military campaigns, central banks restricted the supply of domestic credit to raise interest rates and attract foreign financial inflows.

To return to our example, we want to understand what will happen if China runs a $ 22 billion trade surplus and exports the full amount to the United States, which causes the U.S. capital account surplus and the US current account deficit both to rise by $ 19 billion.

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.

Even if the United States had not run trade deficits, there would have been large foreign inflows in to the US financial markets.

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.

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

Canada's surplus in energy was $ 16.2 billion in the second quarter, even as it ran a goods - trade deficit of $ 5.2 billion.

In 1971, Nixon ended the gold standard and since then the US has been consistently running a trade deficit.

Although India runs a merchandise trade deficit (2 1/2 per cent of GDP in 2002/03), it has a modest surplus on the current account (0.8 per cent of GDP in 2002/03), owing to sizeable inward current transfers and a surplus for net services.

Our exports to China have more than tripled in absolute terms since 2004, from $ 6.8 billion to almost $ 21 billion in 2013, despite Canada running a significant trade deficit.

Martin Wolf has produced a series of great articles on Brexit for the Financial Times, where he argues that, although the UK runs a significant trade deficit vis - à - vis the Rest of the EU («rEU»), UK exports to rEU still account for almost 50 % of total UK exports (exhibit 2).

The United States ran a $ 77 billion deficit in the trade of goods in February, the highest level since July 2008.

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.

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.

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.

North Korea also ran a near - record trade deficit of $ 1.96 billion with China in 2017, the NIS reportedly informed the National Assembly on Monday, owing to United Nations Security Council sanctions banning exports of goods including coal, marine products and garments.

Much of the debate over the past years about the benefits and the costs global specialization, primarily the rapid advance of China as a major manufacturing center has been less about the financial costs — the $ 12 trillion dollars of additional liquidity that the US consumers offered to the world (the cumulative US trade deficit from 1990 through 2015 compared to the over $ 3 trillion dollars in trade surplus run - up by China over this same period — and more in terms of the jobs lost and the impact of foreign products on American wages in manufacturing.