Donald Trump, tariff and US deficit
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The office of the U.S. Trade Representative purported a summertime scoop: "America had a trade surplus in ice cream in 2020 under President Trump's leadership, but that surplus turned into a trade deficit of $40.6 million under President Biden's watch."
European companies are facing increasing pressure due to China's alleged currency manipulation to keep its yuan weak, a study by the German Economic Institute showed, as EU leaders prepared for a summit in Beijing aimed at navigating trade disputes.
Economic growth from the One Big Beautiful Bill Act, common-sense spending cuts, and President Donald Trump’s America First trade policy will solve the fiscal crisis.
At a tense summit in Beijing, Chinese President Xi Jinping urged EU leaders to handle differences as trade tensions peak. EU officials, including Ursula von der Leyen, seek a balanced approach amid a record trade deficit and recent disputes over China’s overcapacity and global market influence.
A sense of euphoria washed over global stock markets on Wednesday as a U.S.-Japan trade deal and indications of a U.S.-Europe agreement lifted major indexes around the world, pushing the S&P 500 and MSCI All Country to new highs.
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A trade deficit sounds bad, but it is neither good nor bad. It doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them ...
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Hespress on MSNMorocco’s Trade Deficit Widens to MAD 304.9 Billion in 2024Morocco’s trade deficit widened to 304.9 billion dirhams (MAD) in 2024, marking a 6.8% increase compared to the previous year, according to data released by the Foreign Exchange Office. The trade gap,
India's merchandise trade deficit narrowed in June due to a sharp fall in imports, even as the value of exports slipped to a seven-month low following a drop in global commodity prices, data released on Tuesday showed.
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Breaking Down the U.S.-China Trade Web: Why Sanctions Against China Would Be a GambleIf China invades Taiwan, the United States might consider economic sanctions, just like it did with Russia over the Ukraine conflict. However, imposing strong sanctions on China would not be so straightforward.