Trade Deficits

Follow The Money - Trade Deficit With Mexico Misleading!

When you follow the money, the United States' huge trade deficit with Mexico becomes even more disturbing as you begin to understand where the money …

Economics

New Zealand trade deficit narrows despite imports at record high

WELLINGTON (Reuters) - New Zealand's trade deficit narrowed in October as dairy and lamb shipments fueled a jump in exports, despite imports hitting …

Economic Data

April-Oct trade deficit soars 60% to $88 billion: DBS report

Due to weak exports and a sharp rise in imports

Economy

Trump’s Tax Cuts Are Likely to Increase Trade Deficit

WASHINGTON — President Trump has promised to cut federal taxes and reduce the nation’s trade deficit with the rest of world — two economic priorities that are in direct conflict with each other.<p>A wide range of experts agree that cutting taxes is likely to increase the trade deficit, which measures …

Economics

Trump warns that $800 billion trade deficit is ‘unacceptable’

President Donald Trump on Wednesday called for “fair and reciprocal trade” to strengthen the United States’ economic relationships and end unfair trade practices.<p>“These two words, fairness and reciprocity, are an open invitation into every country that seeks to do business with the United States, …

Business

PM Modi behind ‘economic chaos’ : Congress

By: PTI | New Delhi |<p>Narendra Modi<p>The Congress on Wednesday hit out at Prime Minister Narendra Modi for creating “economic chaos” in the country and …

Economy

Sensex, Nifty fall for 3rd day in row, October trade deficit stokes fears

<b>Mumbai:</b> The Sensex plunged 181 points to end at an over three-week low on concerns over trade deficit that widened to an almost 3-year …

Economy

Let’s get this straight: Trade deficits aren’t bad

Some folks still believe the world is flat. Others are convinced the Rothschilds and the U.S. Federal Reserve somehow sank the Titanic. The President …

Economics

Sensex Falls 113 Points On Wider Trade Deficit, Muted Earnings

Mumbai, Nov 15 (PTI) The BSE benchmark Sensex dropped by 113 points in early session on Wednesday (15 November), weighed down by metal stocks, as …

Markets

NAFTA round: Ministers not going this time

WASHINGTON — Call it the calm between two storms. NAFTA negotiators are gathering in Mexico City this week for what's expected to be a transition …

Canadian News

Tax Cuts And The Trade Deficit

It’s a sad commentary on the state of affairs in America that we need to spend time debunking the Tax Foundation “model” of the effects of GOP tax cuts. But that model, with its extremely optimistic take on the growth and revenue effects of corporate tax cuts, is reportedly playing an important …

Economics

Trump and Xi’s Narcissism of Small Differences

President Donald Trump is returning home from an Asian trip during which the United States and China announced agreements worth over $250 billion. …

China

India's Oct trade deficit widens to near 3-year high of $14.02 bln

NEW DELHI, Nov 14 (Reuters) - India's trade deficit INTRD=ECI widened to $14.02 billion in October, its highest since November 2014, from $8.98 …

Deficits

India’s Trade Deficit Widens to Near Three-Year High in October

<b>New Delhi:</b> India’s trade deficit widened to its highest in nearly three years in October, government data showed on Tuesday, as export growth …

Economy

India’s export drops by over 1%, trade deficit widens to near 3-year high

Experts said that this decline in exports was expected as exporters were facing a shortage of funds after paying GST for four months without any …

Business (India)

Export drops 1.12% to $23bn in October; trade deficit balloons

Export declined by 1.12% to $23 billion in October, retreating from a six-month high growth in September as shipments of textiles, pharmaceuticals, …

Deficits

Sensex, Nifty decline as India’s trade deficit widens, exports contract

Pharmaceutical major Sun Pharma’s stock declined the most on both indices, a day after the firm reported a big drop in its net profit.<p>The benchmark …

Markets

Why American car brands suffer in Japan

• <b>On his tour of Asia, President Donald Trump mentioned how American automobile giants have never been able to attract consumers in Japan.</b>• <b><br>The problem, however, is not trade protectionism.</b>• <b><br>If American brands want to increase sales in Japan, they need to improve customer service.</b><p>It's something that has …

U.S. Department of Commerce

Official Data Confirm Survey Picture Of U.K. Manufacturing Strength Contrasting With Construction Plight

Official data confirm the survey signals of a multi-speed economy. While manufacturing is enjoying strong growth, construction is in the doldrums, …

Economy

Trump complains about trade deficit with Vietnam, worth $32 billion in 2016

Vietnam and the United States signed a raft of energy and aviation deals Sunday during a visit to Hanoi by US president Donald Trump who railed …

Economics

The UK trade deficit widened by £3bn in the three months to September

In the three months to September 2017, the total UK goods and services trade deficit widened by £3bn to £9.5bn, according to the Office for National …

Business (India)

The gaping US trade gap: A sign of weakness? Not necessarily

WASHINGTON – President Donald Trump ripped into one of his favorite targets Thursday in Beijing: The United States' "shockingly" large trade deficit with China.<p>"I blame past administrations," Trump declared, "for allowing this out-of-control deficit to take place and grow."<p>America's lopsided trade …

Economics

Two cheers out of three for UK Economy as industrial production grows - EY ITEM Club

• <b>Two out of three cheers on the UK data front. Industrial production achieved its best performance of the year in September thereby completing a</b> …

Economy

What the latest data tells us about Brexit and the economy

Firstly, there was news that industrial output grew in September at its fastest rate this year, notching up a month-on-month increase of 0.7% that …

Economy

Philippines export, import growth slows in September

Growth in the Philippines’ exports and imports slowed markedly in September as the country’s trade deficit narrowed.<p>Exports rose 4.3 per cent year on …

Economy

UK industrial output rises in Sept at fastest pace this year, trade gap improves

LONDON, (Reuters) - British industrial output increased in September at the fastest pace this year and the goods trade deficit improved, mostly …

Economy

U.K. Economy Displays Mixed Fortunes at End of Third Quarter

The U.K. economy ended the third quarter on a mixed note, figures Friday showed.<p>Industrial production rose a larger-than-forecast 0.7 percent in …

Economy

UK trade deficit narrows in September on higher goods exports

The UK trade deficit narrowed in September from the previous month, driven by an increase in goods exports.<p>The trade gap contracted by £700m to …

Economics

Trump's Beijing Trip Ends With Few Gains on Trade, North Korea

Halfway through his visit to China on Thursday morning, President Donald Trump watched ramrod-straight soldiers swinging their rifles in precision, a …

China

There's a Better Way to Reform the Corporate Tax

A Berkeley professor's plan could increase investment, improve efficiency, lower the trade deficit and help the poor.<p>The Republican tax reform plan looks like it will contain few or none of the innovative, interesting ideas that were being thrown around a few months ago. That's too bad. But when …

Economics