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With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 largely to tackle an issue he’s raised for decades — trade deficits.
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The U.S., China and other leading economies should work together to agree on a set of national policies that will help narrow ...
The abrdn Physical Palladium Shares ETF transforms an illiquid asset class into a liquid investment with expense ratio of ...
From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.
In sum, the main reason to worry about global trade imbalances is not the impact on manufacturing, which, for a country such as the US, is a second order issue, but rather on financial stability.
Kenya is increasingly pivoting towards Beijing, seeking to leverage China’s expanded zero-tariff trade policy to address a widening trade imbalance that favours the Asian economic giant.
The hold up, explained Politico, was because "The numbers run counter to President Donald Trump's messaging that his economic policies, including tariffs, will reduce U.S. trade imbalances." More ...
The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.
Amid US Trade War, China and the EU Explore Economic Cooperation The European Central Bank president’s visit to China is the latest sign that Brussels and Beijing are seeking to mend ties.
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