Tags » U.S. Trade Deficit

Trump on Trade with China: Media Misses the Point

http://www.cnn.com/2017/11/08/politics/donald-trump-xi-jinping-statement/index.html

As was widely reported yesterday morning, Trump emerged from two hours of a meeting with Chinese premier Xi Jinping and had this to say: 511 more words

Politics

Trump Makes Huge Move To Stabilize Economy

President Trump has just made a huge move to stabilize the US Economy and eliminate the US Trade deficit. The President has just directed the US Department of Interior to allow drilling for oil in the Arctic Reserve… 7 more words

Finance

Tax Reform Needs Border Tax to Work

http://www.reuters.com/article/us-usa-tax/trump-says-rich-might-pay-more-in-taxes-talks-with-democrats-idUSKCN1BO1HM

Trump and Congress are now hard at work on tax reform, promising huge cuts in both corporate and individual taxes.  How is that possible without blowing a gigantic hole in the budget and sending the national debt on a new trajectory?   524 more words

Politics

Seven Months Into Trump's Administration, Has Anything Changed?

I’m back from a hiatus at my north woods retreat, and there’s a bit to catch up on.  For now, however, I’m wondering what has really changed in terms of the economy since Trump took office seven months ago.   615 more words

Politics

Low Wages Play Little Role in Trade Imbalances

In my previous two posts in which we examined the lists of America’s worst trade deficits and best trade surpluses in manufactured goods, it seemed clear that low wages were not a factor.   567 more words

Trade

WHY DONALD TRUMP THINKS GERMANS ARE BAD, VERY BAD

The article originally appeared on India Today. 

According to a report in German publication Der Spiegel, US President Donald Trump has charged Germans for cornering business and jobs in the US. 665 more words

POLITICS

Trump and Ross played for fools by China

In 2016, the U.S. trade deficit with China was $347 billion.  The deficit in manufactured goods was $372 billion.  China accounts for over half of the total U.S. 508 more words

Politics