Sentences with phrase «widening trade deficit»

By imposing tariffs, President Trump is sticking to his campaign pledge to rebalance the nation's widening trade deficit with the rest of the world.

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.

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.

Concerns over negative economic impacts, such as a widening trade deficit with China, increased control of certain sectors by Chinese state - owned enterprises (SOEs), and intensified competition in the labour market for mid-skilled and less educated Canadian workers in particular; [1]

«Sluggishness overseas alongside a strengthening U.S. dollar will widen the trade deficit and slow economic growth potential,» he said.