China, the second largest economy after the United States, relies upon a new form of economics, labeled as authoritarian capitalism. Currently, the U.S. and China are dealing with many trade disputes, and this is pushing the United States to move away from the established multilateral trading ...
Among America’s trading partners that cause the greatest negative trade balances, US deficits with Taiwan (up 52.4%), Ireland (up 32.6%) and South Korea (up 27.4%) grew at the fastest pace from 2023 to 2024. Two among the top US trading partners experienced declines in American trade def...
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The immediate aftermath of the tariff announcement saw key U.S. trading partners – the EU, Canada and China – implement counter-tariffs on American goods. This reciprocal action underscored the deep anxiety and perception of economic coercion felt by these nations. The coordinated response signals...
THE US and possibly its major trading partners are heading for a recession because the Federal Reserve waited too long to raise interest rates and deflate the asset bubble created by booming stock markets, according to Henry Kaufman, the renowned Wall Street forecaster and economist. Kaufman, who...
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TMTPOST -- U.S. President Donald Trump and his cabinet member these days suggested they might make deals with trading partners as soon as this week.Credit：China Daily “I think we’re very close to some deals. As President Trump said last night on Air Force, maybe as early as this ...
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During the president’s first term, there was no major change in legal immigration levels.27 We therefore do not have any changes to legal immigration levels in any of our scenarios. Another factor that will affect employment levels this year are the ongoing layoffs in the federal government. ...