And the departure of manufacturing jobs is difficult to lay at NAFTA’s door: in comparison to the enormous trade deficits with China and the European Union, rising trade deficits with Mexico since NAFTA are miniscule–and most “trade deficits” with Mexico include goods produced by American fir...
Republican presidential nominee, former U.S. President Donald Trump speaks during a presidential debate hosted by ABC with Democratic presidential nominee, U.S. Vice President Kamala Harris, in Philadelphia, Pennsylvania, U.S., September 10, 2024. Brian Snyder | Reuters Trump defended his plans to...
Paradoxically, however, these deficits may help fuel their drive for success as these personalities work to prove themselves despite their sensitivities and concerns. Considering that Bernie is calling for radical over incremental change, it’s not surprising that he would attract people with these ...
1 An analyst of US presidential power acknowledged that a 'President, albeit republican, hence temporary, is our substitute for Britain's monarch' not only in terms of being the head of state and, like a seventeenth-century monarch, the chief of government but also in terms of being 'the ...
The question for Harris is if the combined support on those lesser issues will be enough to overcome her deficits on the big economic questions. The two candidates are statistically tied on who would be better to bring positive change to the nation. ...
Trump’s protectionist stance to be revived, focusing on tariffs to reduce trade deficits and protect domestic industries. This may encompass the imposition of a blanket 10% tariff on most imports, along with significantly higher tariffs of up to 60% on Chinese goods. ...
Such a withdrawal would force other member states and partners to cover the deficits, posing greater risks to public health security globally. Therefore, strategic financial investments not only strengthen international relationships and build trust but are also important for sustaining long-term health ...
However, challenges remain for the region. Infrastructure deficits, particularly in logistics and transportation networks, need to be addressed if Southeast Asia is to fully capitalize on these opportunities. US development aid or investment in infrastructure projects could help bridge these gaps, especial...
He wants to lower the cost of housing by opening up federal land to development. Outside analyses suggest that Trump’s ideas would do much more to increase budget deficits than what Harris would do, without delivering the growth needed to minimize any additional debt....
Today it leaves us with twin deficits of 17 points of GDP. In turn, 15 of these 17 GDP points correspond to the consolidated deficit between the Treasury and the Central Bank.Therefore, there is no viable solution that avoids attacking the budget deficit. At the same time, of these 15 ...