Sentences with phrase «trade deficit by»

The Elio also addresses concerns about the environment and the trade deficit by using less oil.

So even if the tariffs manage to reduce the US steel and aluminum imports to zero, it will reduce the US trade deficit by 7 % at most.

The New York Times reports that China is taking a hard line on the two specific requests made by the Trump administration: to cut the US bilateral trade deficit by $ 100bn from the current $ 375bn, as well as limits to state support for advanced technologies like artificial intelligence, semiconductors, electric cars, and commercial aircraft, all part of the Made in China 2025 programme.

In this scenario, the U.S. and China would agree to cut the U.S. - China trade deficit by $ 100 billion (4 % of China's exports and 4 % of U.S. total imports), resulting in a de-escalation of the situation.

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.

The U.S. could dial back the trade deficit by trimming the value of the dollar, suggests Dean Baker, co-director of the non-partisan Center for Economic and Policy Research.

The U.S. demands came after Beijing offered to narrow the trade deficit by $ 50 billion, including by importing more liquefied natural gas, agricultural products, semiconductors and luxury goods, according to the person.

The Trump goal of lowering trade deficits by raising exports would be lost.

Second, make a deal with Germany to cut U.S. trade deficits by boosting American exports to the EU while replacing a significant part of imports with products generated by European companies in their U.S. production facilities.

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.

Not exact matches

Trade experts have argued that shrinking the deficit will not be achieved by revising trade dTrade experts have argued that shrinking the deficit will not be achieved by revising trade dtrade deals.

Trump has criticized the U.S. trade deficit with China and pledged to fight alleged intellectual property theft by Chinese companies.

Statistics Canada released figures earlier Wednesday suggesting the country's merchandise trade deficit narrowed in January, though economists noted it was driven by a plunge in imports.

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.

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.

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

«In particular, trade deficits are financed by net capital inflows.

Australia's seasonally adjusted trade deficit improved by 9 per cent to $ 2.19 billion between June and September.

For the same reason that absolutely no relevant information about my economic health is conveyed by knowledge of the fact that I have a large trade deficit with my plumber (who is one of many people with whom I economically interact), absolutely no relevant information about America's economic health is conveyed by knowledge of the fact that America has a large trade deficit with China (which is one of many countries with which Americans economically interact).

The upshot: By exporting more finished vehicles from the United States than it imports to the United States, BMW may be helping to lower America's trade deficit.

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.

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.

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.

The US increased its trade deficit with the EU by $ 5 billion, mostly via gains by Ireland and Italy, as imports surged $ 18 billion, and exports rose $ 13 billion.

«The United States has been taken advantage of by other countries both friendly and not so friendly for many, many decades,» he said, complaining about what he said was the United States» $ 800 billion trade deficit.

If it doesn't, there is no way the trade deficit can decline because they are equal by definition.

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.

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.

I am in the bottom right box, in which a cut in the U.S. fiscal deficit will cause no change in the U.S. trade deficit because it will be matched by a decline in household savings as unemployment rises, as consumer debt rises, or both.

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.

In that event, even as China's trade surplus with the U.S. fell, America's deficit with other countries would rise by even more, increasing its overall trade deficit, underpinned this time either by rising debt or rising unemployment.

al (2015) to note that the positive effects of the housing bubble during the previous expansion were offset by an increase in the US trade deficit, and that bubbles were only modestly relevant in the late 1990s.

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.

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.

This means an accelerated economic downturn, but one that will likely be accompanied by a shrinking trade deficit beginning most probably with the August numbers.

(Though the trade deficit always «improves» during recessions, that shrinking deficit will nonetheless be hailed as a «bright spot» in the economy by analysts in need of an undergraduate economics class).

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.

The total money that ants receive from their trade (current account) surplus is perfectly balanced by the capital account deficit, which is simply the amount of savings they send abroad.

At dispute is an alleged deficit that amounts to less than two per cent of $ 630 billion (U.S.) in annual Canada-U.S. trade, and the final result can be made or broken by a small shift in energy prices and currency values.

But that was offset by a $ 69.5 billion deficit in the trade of goods.

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

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.»

The president views trade deficits as a sign of economic weakness that can be brought down by more aggressive trade policies.

Note again the role played by excess savings, which, as I've stressed, are the flip side of our trade deficit.

A compelling answer, offered in this long essay by Michael Pettis or this distillation by Matthew Klein, involves the other side of the trade deficit, i.e., the capital account surplus.

It is sustained by strong commerce and international reserves that could cover eight years of a trade deficit without need of foreign investment,» Rodríguez says.

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