Tags » U.S. Trade Deficit

China says trade war will only bring "pain" -- Trump administration stepping back from World Trade Organization rules


© AFP/File | Containers on a ship in Qingdao, eastern China’s Shandong province

BEIJING (AFP) – China on Saturday warned the US against launching a trade war, saying that both countries would suffer if US President Donald Trump follows through on his threats. 297 more words

Closing the Book on Obama's Trade Policy

The U.S. trade deficit for the month of January was posted yesterday by the Bureau of Economic Analysis.  It was horrible.  President Trump took office on January 20th, but he can hardly be held responsible for any of the January results.   442 more words


The U.S. As The Suburbs Of The World

As President-Elect Trump chooses more cabinet leaders, we are learning more about how we can expect him to approach changes in policy. A heavy reliance on both military and business leaders suggests a significant reduction in bureaucracy in achieving results. 1,607 more words

Obama's Failed US Economy

Obama inherited a collapse that took hold in 2008 with banking breaking out and bringing everything and everyone down with them. Since then, the economy has recovered from the collapse, but only to the same level it was during the inherited Bush era which Obama claimed was the catalyst for the fall. 513 more words


Deficit Spending Holding Recession at Bay

It’s been a long time since I posted on this subject – about a year and a half.  Some discussion about the national debt jogged my memory, and I was curious to see how my chart would look now. 771 more words


US trade deficit grows to $44.5 bn in June


© Getty/AFP/File | The US trade deficit grew 8.7 percent in June to a seasonally adjusted $44.5 billion

WASHINGTON (AFP) – The US trade deficit grew more than expected in June as imports jumped and the gap with China continued to widen, government data released Friday showed. 27 more words


So disillusioned was I with Obama’s broken promises to address the problems with our trade policy, his broken promise to double exports in five years, his signing of the awful trade deal with South Korea and, more recently, his pursuit of bigger, more expansive trade deals with Pacific rim nations and with Europe, I vowed to myself that I would stay out of politics on this blog going forward.   787 more words