Sentences with phrase «trade deficit in»

A strong economy will also increase the U.S.'s trade deficit in 2017 and invite the possibility of new tariffs and a reduction of trade, which historically have been a catalyst for recession and job cuts.

With the world readying to spend $ 600 billion annually on clean - energy technology by 20202, the group noted, the United States is now running a trade deficit in these products and facing «declining export market shares» virtually everywhere.

Also, the overall trade deficit in Q2 was revised to be much smaller compared to Q1, which may lead to a possible upward revision for Q2 GDP growth.

And the United States has recently developed a trade deficit in high - technology goods, after surpluses during the 1990s.

Is it not a disgrace that the trade deficit in manufactured goods has grown from # 7 billion in 1997 to a staggering # 59 billion last year?

Countries on the inside of the currency would have a trade deficit in aggregate with countries outside the currency.

Trade data for the same month revealed the country incurred its first trade deficit in local - currency terms since early 2014, mainly due to a surge in imports, although the figures were probably affected by the timing of the Lunar New Year holiday.

The falling U.S. trade deficit in large part reflects rising domestic energy production.

That is why we have a NAFTA net trade deficit in goods of $ 70 billion.

Autos and auto parts are particularly important because our combined trade deficit in autos and auto parts from Canada and Mexico is $ 84.6 billion annually, which is the vast majority of our total trade in goods deficit with our neighbors.

While economic growth accelerated, the trade deficit in goods and services widened to $ 566 billion last year, the largest amount since 2008.

Indeed, automobiles drive the U.S. trade deficit with those countries; the United States would enjoy a trade surplus with its NAFTA partners were it not for the trade deficit in autos and auto parts.

The trade deficit in the US widened to $ 43.5 billion in September from $ 42.8 billion in August, led by a faster pace in imports, which rose by 1.2 percent, offsetting a 1.1 - percent increase in exports.

He also said the trade deficit in goods with both countries must be reduced.

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.

The overall United States trade deficit in goods and services with the world widened 12.1 percent to $ 566 billion last year, the largest gap since 2008.

And Mr. Trump's signature economic policy so far — the $ 1.5 trillion tax cut — is likely to widen the trade deficit in coming years by encouraging more investment in the United States, many economists say.

RMB DEVALUATIONS: They haven't boosted Chinese exports or exacerbated the US trade deficit in recent years.

WASHINGTON (AP)-- Record exports trimmed the U.S. trade deficit in March, the first drop in seven months in a massive gap that President Donald Trump is determined to shrink with an aggressive America first policy.

Record exports trimmed the U.S. trade deficit in March 2018, the first drop in seven months in a massive gap that President Donald Trump is determined to shrink with an aggressive America First policy.

• From 2011 to 2016, the U.S. trade deficit in goods with Korea more than doubled, rising from $ 13.2 billion to $ 27.6 billion.

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 U.S. trade deficit in goods, without services, was $ 810 billion.

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.

Canada's trade deficit in goods jumped to a record high in March, but analysts took heart in data showing healthy export growth.

More than 65 percent of the U.S. trade deficit in goods was with China.

The trade deficit in goods with the EU added up to approximately $ 151 billion in 2017.

If he can cut the China trade deficit in half, it would be the best economic decision the US has made in a long time.

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.

As a result, the US trade deficit in batteries is forecast to widen further through 2015.

While the trade deficit in the U.S. has irritated the U.S. president, farmers point to agriculture as one of the industries where the U.S. has consistently posted a surplus of exports, totaling about $ 20 billion in 2016, according to the U.S. Department of Agriculture.

Suppose, though, that Trump is somehow spectacularly successful in his dealmaking and eliminates the U.S. trade deficit in manufactured goods through better trade deals and forcing firms to remain in the country.

But we knew that: the U.S. trade deficit in goods with Mexico was more than (US) $ 63 billion in 2016, compared to a deficit of about (US) $ 11 billion with Canada.

Deep policy divisions appear to exist between the business and labor groups: The report cites the «majority» of members preferring to focus on issues outside trade deficits in favor of a «mutually beneficial» trade deal, sentiments to which the labor union representatives dissent in favor of promoting U.S. investment and jobs.

That's why the countries with which the United States has the largest trade deficits in goods are not always its most important trading partners.

He said the findings would «form the basis for decision - making by the administration» on how to approach trade deficits in the future, including in a renegotiation of Nafta.

But even though Trump attaches meaning to irrelevant metrics like bilateral trade deficits in a global economy, where two - thirds of trade flows are intermediate goods and only 3.6 % of the value of an Apple iPhone is Chinese (yet the entire $ 179 cost is chalked up as an import from China, exacerbating the bilateral deficit), the fact is that frictions in the relationship have been increasing since well before this president assumed office.

Will trade liberalization benefit those countries that have large trade deficits in services?

Not exact matches

Of all the data in the release, the merchandise trade deficit (or surplus) receives the most attention, though both the export and import data in isolation are worth paying attention to.

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.

That, in turn, can amplify the U.S. trade deficit.

A number of U.S. policymakers have sought to justify stoking a trade war with China in recent weeks, saying it is «unfair» for the world's biggest economy to have a current account deficit — which measures the flow of goods, services and investments into and out of the country — with Beijing.

The surplus was still down 47 percent from a year earlier, with the trade balance remained in deficit as the yen's decline has pushed up costs of imported fuels immediately while its impact on exports will take some time to be fully seen.

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.

Imports rose 11.9 percent in the year to February, a fourth straight increase but below expectations of a 15.1 percent rise, leaving the trade balance in a deficit for the eighth consecutive month.

Also out this morning: U.S. trade deficit, which likely narrowed in September, will be released at 8:30 a.m. ET and the ISM non-manufacturing index, which is expected to show a small decline in the pace of service sector growth, will be released at 10 a.m. ET.

Trump then said, according to The Post's reporting on the audio, that his aide returned and reported that the US had a $ 17 billion trade deficit with Canada when energy and timber sales were factored in.

«To whatever extent anyone believes that the US has the advantage in a trade war because it has a big deficit (so it has more to gain) one could say the same for China in a capital war because it has the bigger deficit,» he wrote.

In it, they wrote that China's 2001 WTO inclusion «opened America's markets to a flood of illegally subsidized Chinese imports, thereby creating massive and chronic trade deficits.

Data released on Wednesday showed the current account - a broadly defined measure of trade that includes services and investment income - recorded a deficit of $ 4.152 billion in February.