Tags » U.S. Trade Deficit

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

Economic Data Still Stuck in "New Normal" of Globalization

Three major economic reports were released in the past week, each of which I usually write about separately.  But there was nothing particularly noteworthy about any of them.   557 more words

Politics

Trump's "Faulty Trade Math?" Accuser's math is faulty.

http://www.reuters.com/article/us-usa-trump-trade-analysis-idUSKBN17U2SL

This is rich!  In this above-linked op-ed piece (which isn’t identified as such but, rather, is presented as a factual report), the author takes Trump to task for “faulty math” regarding trade policy.   1,038 more words

Politics

Strong US dollar a threat to Trump campaign pledges

AFP

© AFP/File / by Jeremy TORDJMAN | The dollar is high at the moment because the US economy is a stronger performer right now than any other advanced economy, analysts say… 684 more words

Weak Headline Number Masks Strong March Employment Report

The Bureau of Labor Statistics yesterday released its employment report for the month of March.  The headline jobs number was weak.  “Only” 98,000 jobs were added in March – about half of what was expected.   478 more words

Politics