"Trade surplus" refers to a situation where a country exports more goods and services to other countries than it imports from them. In simple terms, it means that a country sells more things to other nations than it buys, leading to a positive balance in its trade. This can have positive economic implications, such as increased revenue and job opportunities.
Full definition
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.
For starters, all of those countries
ran trade surpluses with the US that met or exceeded $ 20 billion.
But Trump's focus on cars actually highlights one of the sectors where the U.S. maintains a
large trade surplus with China, which would expand even more if China follows through in lowering the tariffs.
Britain currently runs a significant
trade surplus in services, with the EU as its largest destination.
But there is no need for political clashes to convince large
trade surplus countries in East Asia to keep more of their hard - earned savings home - instead of financing deficits of much richer countries - to improve their infrastructure and public services.
Last year's record
Chinese trade surplus with the US, Browne notes, is a «potential catalyst for hostilities after a year of bluster.»
Trade surpluses for China and the European Union with the U.S. need to be trimmed to bring stability to the world economy.
In a move to further force China to lower the billions of
goods trade surplus running with the U.S., Trump unveiled tariff representing about $ 50 billion of technology, transport and medical products early this month, drawing an immediate threat of retaliatory action from Beijing.
China, for years, racked up massive
trade surpluses as these mega cities became home to low - cost export regions.
«All these countries that are running
huge trade surpluses with us, have no incentive to rock that boat.
ROUNDUP By Thomas Clouse China's
trade surplus rose to $ 27.15 billion in October, its second highest reading of the year, the customs office reported last month.
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.
And third, China could simply reduce its capital exports abroad, in which case it would be forced into a
lower trade surplus, which could only be countered, in China's case, with higher unemployment or a much faster increase in debt.
The banking sector plays a major part in generating exports of # 23bn to the EU, which helps to drive an
overall trade surplus in financial services of # 20bn.
Trade surpluses generated by foreign countries exporting goods to the US have been «recycled» by these foreign countries into purchases of US bonds.
Asia Roundup: Aussie rebounds as
trade surplus widens, dollar index consolidates near 4 - month peak, Asian shares ease on geopolitical tensions - Thursday, May 3rd, 2018
However, in the long run, both the persistent trade deficit countries (e.g. US) and the
persistent trade surplus countries (Germany, China, Korea, Taiwan, etc) must rebalance anyway — the only uncertainty is the mechanism by which they do so.
«The tech surplus in 2011 was largely driven by the
significant trade surpluses in tech services, particularly the tech services that are provided by the foreign affiliates of U.S. firms.The largest surpluses in this sector are those in Internet services, prepackaged software, and customized software and computer systems,» Matthew Kazmierczak, senior director of research and market intelligence at the TechAmerica Foundation, told the E-Commerce...
Now some in Japan are suggesting restarting more of them in the interest of reducing the nation's almost total dependence on imported coal, oil, and gas, which has turned Japan's long history of large
trade surpluses into an enormous and unprecedented trade deficit in little over a year.
Clever move, and emblematic of the shift happening in our world where resource - and cheap labor - driven nations grow rapidly, and build up
trade surpluses against the developed world.
Using the average Canada-U.S. exchange rate in 2016, this converts to nearly C$ 85 billion — C$ 9 billion more than the value of Canada's
merchandise trade surplus over the U.S..
But even a
smaller trade surplus in goods with the U.S. will continue to attract the Trump administration's attention.
But the cruel irony is that any improvement in demand and output conditions in these three countries will partly leak out and benefit the euro area countries with large
trade surpluses because their economies are running on exports rather than domestic demand.
More difficult and less successful were the concerted efforts, from 2010 onwards, to couple fiscal austerity with structural adjustments
between trade surplus countries (exporters such as China and Germany) and trade deficit countries (importers such as the US and Italy).
And then, while in Florida, Abe insisted on keeping the U.S. - Japan trade in a broad multilateral framework, fearing that President Donald Trump's preference for a bilateral deal would make a big dent in Japan's $ 68.8 billion
trade surplus on American trades.
Because they benefitted from access to U.S. savings, it is not surprising that large
American trade surpluses and capital exports made it the indispensable center of global trade.
In the first two months of this year, China's
EU trade surplus was running at an alarming annual rate of 213.6 billion euro, a 21.4 percent increase over last year.
China may have played an early card in this week's trade summit with the United States as officials pegged the yuan at the lowest levels against the greenback in more than three months as the country's
trade surplus swells to $ 58.25 billion.
if the u.s. ran a
net trade surplus the dollar could not serve as a reserve currency.
It is certainly true that Germany runs a
big trade surplus with the world and with the United States.
Canada unexpectedly posted its
first trade surplus in more than two years in November, while employers added 53,700 jobs in December, trouncing the median economist forecast of a small decline.
Alternatively, the LNG imports under Scenario 2 would cost $ 27 billion annually, representing 58 percent of Japan's
current trade surplus.
Since these two processes, commodity de-stocking and flight capital, work in opposite ways to affect the trade account, it is hard to tell whether China's
real trade surplus is lower or higher than the reported surplus.
From 1971 to 2007, the yen rose 2.6 times against the greenback, and Japan's
global trade surplus shot up over seven times, to nearly 11 trillion yen.
The
Eurozone trade surplus widened as exports picked up nearly in tandem with imports while the current account narrowed as slight improvements in goods trade and services balances led to the contraction.
President Draghi said the ECB was correct in its policies, and current and
trade surplus nations were at fault for the continued economic malaise for not embarking on large fiscal stimulus programs.
Even as China's
trade surplus narrowed overall in the first three months of the year, its surplus with the U.S. surged 19.4 percent to $ 58.25 billion from a year earlier, customs data showed on Friday.
Unlike surplus countries, Mexico doesn't suffer from domestic demand deficiencies that
require trade surpluses and the export of excess savings.
For decades, Japan had accumulated
solid trade surpluses, but its trade balance swung to a deficit in 2011 and 2012 after the Fukushima crisis two years ago forced the nation to idle its nuclear power plants and import more oil and gas.
Indeed, the U.S. - German relations began to deteriorate very fast early last year after Washington criticized Germany for its large, growing and
systematic trade surpluses with America, and threatened to levy import duties on German car manufacturers.
In fiscal year 2016, the United States had an
agricultural trade surplus with Greater China, exporting $ 26 billion worth of goods while importing only $ 4 billion.
The seasonally
adjusted trade surplus excluding ships grew to 9.0 billion crowns in August from a revised 8.7 billion in July, Statistics Denmark said in a statement.
Phrases with «trade surplus»