Sentences with phrase «trade deficits with»

As of the last year, the United States has trade deficits with the other CAFTA treaty signers including Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua.
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.
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.
NAFTA supporters assert that the U.S. content in cars assembled in Canada and Mexico is particularly high and that therefore our $ 70 billion - plus trade deficits with our NAFTA partners are not worrisome.
Larger budget deficits would mean larger trade deficits with the attendant costs and less space for government to respond to the next recession.
One of the Trump administration's main goals in triggering a renegotiation of the North American Free Trade Agreement was narrowing the U.S. trade deficits with Canada and Mexico.
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.
Since 1976, the U.S. has sustained merchandise trade deficits with other nations, and since 1982, current account deficits.
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.
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.
Trump told Reuters in an interview Wednesday that «we have helped to build China because they have taken out so much money in terms of trade deficits with this country.»
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.
We have large trade deficits with Mexico and Canada.
MEXICO CITY, March 5 - Ministers from the United States, Canada and Mexico meet on Monday to wrap up the latest round of NAFTA talks under the shadow of U.S. «We have large trade deficits with Mexico and Canada.
The Trump administration has blasted trade deficits with Canada as an underlying reason for wanting to renegotiate or tear up NAFTA.
Beijing will not sell North Korea down the river in exchange for Trump's leniency on large, and growing, trade deficits with China.
C. Fred Bergsten, a member of the advisory council and director emeritus of the Peterson Institute for International Economics, said the nonlabor members of the group warned not to focus on the «hobby horse» of the U.S. trade deficit with Mexico.
The president introduced a slew of new measures aimed at reducing the trade deficit with China.
The commerce secretary concluded the figures mock a standard criticism of Trump's fixation on the U.S.'s trade deficit with its NAFTA partners.
For example, Ontario runs a very large trade deficit with China and a smaller one, though still sizeable, with Mexico.
Last week, President Donald Trump condemned the U.S. trade deficit with other countries and proposed plans to impose hefty tariffs on steel and aluminum imports.
As of February, the U.S. also had a record - high $ 375.2 billion trade deficit with China, meaning it spends considerably more on Chinese imports than it makes on exports sent to China.
The key problem is the American chronic trade deficit with Germany.
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.
Autos are expected to be one of the most contentious parts of the talks because the sector accounts for the lion's share of the U.S. trade deficit with Mexico.
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.
Trump told the Chinese President that the growing U.S. trade deficit with China isn't sustainable
Trump has criticized the U.S. trade deficit with China and pledged to fight alleged intellectual property theft by Chinese companies.
Even if he is able to get Trump to soften some of his views, here are four things that the U.S. President could do to lessen America's trade deficit with China.
In 2016, the U.S. trade deficit with China stood at a staggering $ 347 billion, down from $ 367 billion in 2015.
Ross also pointed out that the trade deficit with China — at a record $ 276 billion last year — is a result primarily of economic factors instead of policy issues.
But his solutions for shrinking the U.S. trade deficit with China, namely labeling China a currency manipulator and placing tariffs on Chinese goods, are not as heretical as you might think.
But Joe, we have a $ 71 billion a year trade deficit with Mexico.
We have a trade deficit with Canada.
We... PRESIDENT TRUMP: Hey Joe, we have a trade deficit with Mexico.
We have a massive trade deficit with Mexico.
«Despite these gains, there have been calls for ripping up the agreement because of the US trade deficit with Korea.
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.
The United States runs a hefty goods trade deficit with China of $ 375 billion.
Bank of America Merrill Lynch's Carlos Capistran and Ethan Harris say the decision to withdraw from NAFTA wouldn't solve Trump's issues with the deal, which include the US trade deficit with other countries and the loss of manufacturing jobs.
He said, «No, no, we have no trade deficit with you, we have none.
But does the U.S. run a trade deficit with Canada?
Trump is taking Beijing to task over China's large trade deficit with the U.S., which Washington says is in part due to unfair trade practices.
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).
«We don't have a major trade deficit with Canada.
(Last year, the U.S. trade deficit with Germany was nearly $ 65 billion.)
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.
In the first case, America's trade deficit with the world would remain unchanged as a portion of its deficit with China would simply shift to other countries.
The clash reflects the tension between Trump's promises to narrow a U.S. trade deficit with China that stood at $ 375.2 billion last year and the ruling Communist Party's development ambitions.
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