The meaning of TRADE DEFICIT is a situation in which a country buys more from other countries than it sells to other countries : the amount of money by which a country's imports are greater than its exports.
Mark Matousek
Trade Deficit versus Federal Budget Deficit Keynes confronted this same problem 85 years ago: “It is often pointed out that, when loan-expenditure (deficit spending) was on a larger scale as a result of official encouragement, this did not prevent an increase of unemployment. But at that time...
still raised anxieties over the potentially destructive impact free trade is having on domestic industries. As Morgan noted, among many the “fear is that it will open the door to even greater imports from China, with whom the US currently operates by far its largest b...
But Beijing did not agree to any specific dollar amounts, despite the Trump administration's push to lower the U.S. trade deficit by at least $200 billion. "Clearly, it will take more than vague promises to reduce the trade deficit with China," Oxford's Vanden Houten noted. "Even a ...
COHN: I think it was all the above. I think during his formative years growing up, coal might have been an integral part in thinking about the energy sectors, but clearly in states like West Virginia and parts of Pennsylvania, he understood, and he was a bit of a marketing genius on ...
That represents the country's largest deficit since 2011, when adjusted for inflation. Canada, China, Mexico, the U.K. and Japan are America's most significant trade partners. Courtesy of USAFacts The winner of the 2020 presidential election will play a significant role in shaping the future ...
Speaking of the additional tariffs on Chinese imports imposed during the Trump administration, Qin said it "hasn't reduced the trade deficit of the United States. On the contrary, it brings more costs to American companies and American consumers." ...
A trade deficit occurs when a country'simportsexceed itsexports. A trade deficit is also referred to as a negative balance of trade (BOT). The balance can be calculated on different categories of transactions: goods (a.k.a., “merchandise”), services, goods and services. Balances are also...
That deficit was a prominent campaign theme for former President Donald Trump in 2016, and a primary reason helaunched a trade waragainst China after taking office. Trump argued that cutting the trade deficit would create jobs in the U.S. and strengthen the economy.4 A Complicated View of T...