Sentences with phrase «state ran a surplus»

Not exact matches

China runs a $ 375 billion trade surplus with the United States and when President Xi Jinping's top economic adviser visited Washington recently, the administration pressed him to come up with a way of reducing that number.

China runs a $ 375 billion trade surplus with the United States and when President Xi Xinping's top economic adviser visited...

If the United States is running a capital account surplus mainly because the world is awash in excess savings, then it is unlikely that a cut in the fiscal deficit will cause a drop in the U.S. current account surplus.

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.

This is what I wrote about in the Financial Times yesterday: the U.S. refusal to cooperate with other countries, above all its double standard insisting that other countries must turn their foreign - exchange surpluses over to the U.S. Treasury to promote U.S. financial markets at their expense — and the demand that any country running a trade surplus with America spend the money on U.S. arms — is so abhorrent that other countries are proceeding to create an alternative global financial system of settling trade and balance - of - payments transactions without the United States.

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.

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.

If China runs a current account surplus with the United States, for example, the assumption is that Chinese manufacturers have a fundamental cost advantage over American manufacturers, the result of which is that American households and businesses find it cheaper to import Chinese goods than to buy American goods, and Chinese households and businesses find it cheaper to buy Chinese goods than to import American goods.

First, trade imbalances originate in other countries that resolve them directly by exporting excess savings to the United States, and indirectly by exporting excess production in the form of intermediate goods shipped to several countries in a value chain, which in turn run trade surpluses with the United States.

American negotiators are working to rewrite trade pacts with Mexico and South Korea, in large part because these countries run large bilateral trade surpluses with the United States.

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.

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.

Michael Hudson: The way Trump talks «unfair trade» is running a trade surplus with the United States.

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.

The Group of 20 in Seoul Korea last week accused the United States of competitive currency depreciation and financial aggression, and countries stepped up attempts to shun the dollar and indeed, to avoid running trade and payments surpluses as such.

The state's Essential Plan, which covers low - income New Yorkers, is projected to run a hefty surplus, which Cuomo is using to plug holes elsewhere in his budget.

And that's a long time if ever, frankly, because the average state government isn't running a surplus and making a profit off of taxes.»

There is reason to be skeptical that New York will run a multi-billion dollar surpluses in the coming fiscal years, according to a preliminary report on the 2014 - 15 state budget released on Monday by Comptroller Tom DiNapoli's office.

Even though the state is running a multi-billion dollar surplus, Gov. Andrew Cuomo's top budget aide is calling on state agency chiefs to submit spending proposals that assume zero growth next year.

Now, the state is running surpluses.

Fiscal Policy Institute said the recession is over, the state is running a surplus, tax collections are running above projections, and average incomes are going up.

New York State United Teachers Vice President Andy Pallotta points out that the state is now running a surState United Teachers Vice President Andy Pallotta points out that the state is now running a surstate is now running a surplus.

Before he took office Missouri had a surplus from fiscally responsible Republicans running the state - thanks a lot Obama!

The measure was created when the state had a $ 10 - billion - dollar budget deficit, now, the state is running surpluses.

This year, the state is running a surplus.

Steve Kroll, executive director of New York State ARC, which offers services to disabled adults and their families, says the groups need a minimum of $ 50 million additional dollars in the state budget, which is running a substantial surState ARC, which offers services to disabled adults and their families, says the groups need a minimum of $ 50 million additional dollars in the state budget, which is running a substantial surstate budget, which is running a substantial surplus.

He says after all, the state is running a surplus.

«Why are we continuing to pull additional state aid from public schools when we're running a surplus?»

The housing market is strong and the state is running an admirable budget surplus.

Sovereign wealth fund A sovereign wealth fund is a state - owned fund of the accumulated reserves that arise from running a trade surplus with other countries.

Massachusetts in particular is a magnet and a distribution center for relocated surplus pets and strays, but other states with empty shelter runs are picking up the cause as well.