The whole trick is you change the balance of trade.
|
|
Unemployment, GDP, interest rates, tax policies, balance of trade, etc.
|
|
He talks as if he wants a balance of trade on China.
|
|
A perfect balance of trade should not be an objective in itself.
|
|
I often think to myself, when we talk about this balance of trade.
|
|
America's overall balance of trade is ultimately determined by its investment and saving.
|
|
The dollar's value also has a significant impact on the balance of trade.
|
|
Colonists imported more than they exported, so the balance of trade favored London.
|
|
He judges all such relationships in terms of the bilateral balance of trade.
|
|
Obsessing over the balance of trade with any single country misses all of that.
|
|
This has benefited the U.S. balance of trade and enhanced our nation's energy security.
|
|
Obsessing over the balance of trade with any single country misses all of that.
|
|
But the composition of trade was even more important than the balance of trade.
|
|
Also today: US balance of trade data for July arrives at 8:30 a.m.
|
|
And, a "culinary balance of trade" reveals which cuisine has most conquered the world's menus.
|
|
This is a win for American exporters in the balance of trade, so Trump likes it.
|
|
Coming tomorrow: The latest US balance of trade arrives just as the US-China trade war heats up.
|
|
"We have to think about how we as a country will recalibrate our balance of trade," he said.
|
|
On Monday, China reports balance of trade, imports and exports, first quarter GDP, current account and foreign exchange reserves.
|
|
ET. Coming tomorrow: China releases balance of trade data at a pivotal moment in negotiations with the United States.
|
|
" In 1776, Adam Smith observed that nothing "can be more absurd than this whole doctrine of the balance of trade.
|
|
America has run current-account deficits—which are substantially driven by the balance of trade—almost every year since 19903.
|
|
As with so many issues, the balance of trade is not the simple matter the Trump team suggests it is.
|
|
That said, the trade and jobs relationship hinges upon balance of trade, not tariff levels or the volume of trade.
|
|
BASS: YEAH, I THINK, YOU KNOW, CHINA'S TRYING TO MAKE, LET'S SAY, MARGINAL CHANGES IN THE BALANCE OF TRADE. RIGHT?
|
|
The American current account deficit — the broadest measure of the balance of trade in goods and services — is an anomaly.
|
|
Any argument about the balance of trade must recognize the value of capital markets and their indispensable role in financing innovation.
|
|
If the economists' consensus view is correct, this is misguided; border adjustment won't change the balance of trade one way or another.
|
|
The balance of trade for 2015 was 3.03 trillion naira, down from 13 trillion naira a year earlier ($15.2 billion - $44.9 billion).
|
|
Elsewhere, balance of trade data for the euro area showed a surplus of 16.1 billion euros in August from 17.5 billion last year.
|
|
Meanwhile, a persistent strength of the U.S. economy has been in services, but the balance of trade in services worsened by $5.3 billion.
|
|
Beijing and Washington are locked in a bitter trade dispute over the balance of trade and disagreements over the enforcement of intellectual property rights.
|
|
Elsewhere, in terms of data, the euro zone's balance of trade for May came in at a surplus of 23 billion euros ($25.85 billion).
|
|
This rhetoric is harmful and suggests a fundamental misunderstanding of bilateral trade deficits and the macroeconomic factors that influence a nation's balance of trade.
|
|
A more balanced policy approach would take advantage of America's energy abundance to create jobs, restore the balance of trade and rebuild the economy.
|
|
Coming this week:Wednesday — US balance of trade data; Lululemon (LULU) earningsThursday — UK consumer confidence; US final estimate Q4 GDPFriday — Huawei earnings; Carmax (KMX) earnings
|
|
According to the US Census Bureau's latest data the first six months of 2017 have not been good for the country's balance of trade.
|
|
In most years since 1950, Germany has run a surplus on its current account, a broad measure of the balance of trade (see chart 73).
|
|
This would, of course, be a boon to the balance of trade, and the government hopes that fracking will also create jobs and boost manufacturing.
|
|
America opposed the idea for the same reason Germany resists it today: it was a country with a big surplus on its balance of trade.
|
|
Even by Mr. Trump's own preferred metric, the balance of trade, his policy has failed: The trade deficit has risen to a 10-year high.
|
|
The United States runs persistent balance of trade and current account deficits and uses foreign capital to finance the difference between domestic investment and domestic savings.
|
|
According to mainstream economics, a country's overall balance of trade is more powerfully influenced by macroeconomic forces, such as the strength of demand and the currency.
|
|
Redressing the balance of trade between Asia and the United States is at the center of Trump's "America First" policy he says will protect U.S. workers.
|
|
The nation's current account is the sum of the balance of trade (goods and services exports less imports), net income from abroad and net current transfers.
|
|
Previous analysis added receivables sold but not collected, as opposed to the balance of trade receivables sold outstanding, to adjusted debt instead of total gross debt.
|
|
In terms of data, balance of trade numbers out in the U.K. showed the trade deficit with the EU at its smallest level since April 2016.
|
|
In an earlier conversation with Prime Minister Justin Trudeau, the President made up facts about the balance of trade with Canada -- and later boasted about it.
|
|
Of course, happy thought for the day, as any trained economist knows, increasing the federal budget deficit will eventually only make the balance of trade deficit worse.
|
|
"We support the president's overall efforts to improve the balance of trade with China, yet targeting fabric and craft components is not the appropriate solution," Soltau said.
|
|
The balance of trade for the first quarter was minus 184.1 billion naira ($925.13 million), down from plus 937.4 billion naira in the same period a year earlier.
|
|
By cutting social services you push more people into the workforce, reducing consumption and lowering wages in a way that should create a more favorable balance of trade.
|
|
Any plan would be designed to give Congress more authority but would not change existing law that would shift the balance of trade power back to Congress, Bunn said.
|
|
Without such an appreciation, border tax adjustability would likely have a marked additional impact on the balance of trade beyond any prospective boost that broader tax reforms could provide.
|
|
However, that positive balance of trade is jeopardized by America's slipping share of the global travel market, which dropped from 220006 percent in 2202 to its current 2628 percent.
|
|
But the wild, simultaneous spraying of shots at a half dozen U.S. allies — unprecedented in modern America — is changing the balance of trade politics and power before our eyes.
|
|
A recent draft of the letter does not directly address several of the issues Mr. Trump raised on the campaign trail, including currency manipulation and the balance of trade.
|
|
"In other words, there's an $8 billion turnaround in the balance of trade and that means there is pressure on the sol to strengthen," Velarde told lawmakers in a presentation.
|
|
"The Chinese keep making the same mistake: they think this is about the balance of trade ...when in reality it's about a whole lot more than that," the host said.
|
|
"Despite...the ongoing uncertainty regarding trade and tariffs, plant Spartanburg is still positively contributing to the U.S. balance of trade," said Knudt Flor, president and CEO of BMW Manufacturing Co LLC.
|
|
It is not certain which Japanese non-tariff barrier he was referring to, but there is a chance that the U.S. will demand revisions in order to improve the balance of trade.
|
|
"The Chinese keep making the same mistake: they think this is about the balance of trade ...when in reality it's about a whole lot more than that," the "Mad Money" host said.
|
|
Official U.K. statistics suggest Scottish Whisky was the single biggest net contributor to the UK's balance of trade in 2015 at £3.7 billion with whisky exports estimated to be worth about £20113 billion.
|
|
Both New Yorkers with a background in finance, Hamilton and Trump would agree that the United States should have a strong national government, a positive balance of trade, and a tight immigration policy.
|
|
Trump said Canadian Prime Minister Justin Trudeau had played down the importance of Canadian oil and lumber exports to the United States when looking at the balance of trade between the two countries.
|
|
Mr. Trump views trade as a competition between the United States and China, and he follows the balance of trade in much the same way that sports fans keep track of the score.
|
|
Coming this week:Monday — OPEC meeting; US and German manufacturing data; Markets closed in Hong KongTuesday — German retail salesWednesday — US markets half day; US balance of trade for MayThursday — US markets closedFriday — US jobs report
|
|
More recently, Trump said during his first trip to Asia as president that he would readdress the balance of trade agreements between Asian countries and the U.S. as part of his "America First" policy.
|
|
Perhaps most notably for Mr. Trump, who views America's trade deficit as a measure of economic success, the model assumes no change in the balance of trade between the United States, Mexico and Canada.
|
|
China's Ministry of Commerce said on Sunday that vice-ministerial level talks on issues such as the balance of trade and strengthening of intellectual property protections had been held earlier with the U.S. last week.
|
|
DUBAI (Reuters) - The UAE's minister of economy said on Tuesday that his country should not be hit with U.S. tariffs on aluminum and steel as the balance of trade is in the United States' favor.
|
|
It must be in Europe's interests to negotiate a deal because of the balance of trade surplus the Europeans have with the UK so it doesn't make sense not to have a deal for Europe.
|
|
Fresh data on Friday provided more fuel for the Brexit campaigners, according to Kallum Pickering, a senior U.K. economist at Berenberg, with the U.K. balance of trade for goods with the European bloc widening in January.
|
|
China's favourable balance of trade position with the United States has long been a sore point in the trade relationship and is at the centre of an increasing bitter dispute between the world's two biggest economies.
|
|
Coming next week: Monday — OPEC meeting; US and German manufacturing dataTuesday — German retail salesWednesday — US markets half day; US balance of trade for MayThursday — US markets closedFriday — US jobs report Lydia DePillis and Rishi Iyengar contributed reporting.
|
|
If the latest discovery of oil proves viable and leads to a large increase in Bahrain's oil production, and associated fiscal revenue, it could therefore materially reduce the kingdom's budget deficit and improve its balance of trade.
|
|
A change in the ground rules that pares back existing U.S. export markets, even if it also opens new opportunities for other exports, would be counter to Trump's balance-of-trade objectives, as well as economic growth.
|
|
"It's been a top priority to ensure that while, yes, we help stop transmission of the virus, we still keep balance of trade — especially given that we trade with Mexico a million dollars a minute," Cuellar said.
|
|
LNG exports represent a remarkable, multi-dimensional opportunity for the U.S. to grow our economy, restore our balance of trade, promote the use of a cleaner fuel and strengthen the energy security of partners around the world.
|
|
Theirs was a purely economic case, laden with data aimed at Mr. Trump's competitive instincts: projections that the deal would create 33,000 manufacturing jobs, increase exports by $5 billion and improve the balance of trade for their industries.
|
|
The pacts are meant to allow countries to protect domestic industries in certain scenarios, but they don't explicitly state that they want the outcome of these arrangements to result in a perfect balance of trade between the countries.
|
|
But at an Asia-Pacific summit in Vietnam, he declared that redressing the uneven balance of trade between Asia and the United States was at the center of his "America First" policy, which he says will protect U.S. workers.
|
|
It's an area where the U.S. has always led — projecting our values, cultures and ideals around the world, all while generating millions of jobs here at home and massively boosting the export side of the U.S. balance of trade.
|
|
However, the United States had a $25.9 billion surplus with Canada in services — and that was enough to overcome that deficit and turn the overall balance of trade into a $2.8 billion surplus for the United States in 2017.
|
|
The balance of trade in services was 8.5 billion euros in 2017, according to the latest data published by the EU. In comparison, the U.K. had an overall trade deficit of £66 billion ($85.6 billion) with the EU in 2018.
|
|
U.S. President Donald Trump's administration is currently locked in a bitter dispute with Beijing that has the two sides arguing over not just the tariffs and non-tariff barriers affecting the balance of trade, but also how they fundamentally treat each other's companies.
|
|
So too would the surprising advances seen in many of the most worrisome economies — the so-called fragile five nations of Turkey, India, Indonesia, South Africa and Brazil — which have improved their budget deficits, balance of trade and inflation outlook, he added.
|
|
Coming this week: Tuesday — China inflation data; PepsiCo (PEP) earningsWednesday — US oil inventories; Fed minutes; Bed Bath & Beyond (BBBY) earnings; Powell testifies in the HouseThursday — US inflation rate; China balance of trade; Delta (DAL) earnings; Powell testifies in the SenateFriday — US producer prices
|
|
An economics textbook will tell you that this doesn't work because the exchange rates will adjust — you can protect a particular industry from competition with a special tax on its foreign competitors, but you can't shift the global balance of trade this way.
|
|
"Many of the products that will be manufactured here in the United States by American workers will be exported to other countries, improving our balance of trade," Trump added of Exxon, which until December was led by now-Secretary of State Rex Tillerson.
|
|
"Our economists look for 6.2 percent GDP growth in 2019, led mainly by investment amid slowing exports and consumption, near-term balance of trade risks for dollar/yuan moving to 7.1 in early 2019," Kinger Lau wrote in a note to clients.
|
|
Coming this week:Tuesday — US building permits; US housing starts; S&P/Case-Shiller home prices; McCormick (MKC) and Carnival (CCL) earningsWednesday — US balance of trade data; Lululemon (LULU) earningsThursday — UK consumer confidence; US final estimate Q4 GDPFriday — Huawei earnings; Carmax (KMX) earnings
|
|
Coming this week:Monday — Apple eventTuesday — US building permits; US housing starts; S&P/Case-Shiller home prices; McCormick (MKC) and Carnival (CCL) earningsWednesday — US balance of trade data; Lululemon (LULU) earningsThursday — UK consumer confidence; US final estimate Q4 GDPFriday — Huawei earnings; Carmax (KMX) earnings
|
|
Coming this week: Monday — Germany balance of tradeTuesday — China inflation data; PepsiCo (PEP) earningsWednesday — US oil inventories; Fed minutes; Bed Bath & Beyond (BBBY) earnings; Powell testifies in the HouseThursday — US inflation rate; China balance of trade; Delta (DAL) earnings; Powell testifies in the SenateFriday — US producer prices
|
|
In other words, to bat down an old economic canard, computer chips are very different than potato chips: Advanced technology industries and firms contribute far more to our balance of trade and produce much higher-paying jobs, not to mention being essential for our national defense capabilities.
|
|
" Doing so will "reduce our dependence on imports, preserve our leadership in technological innovation, support job creation, improve our national security and balance of trade, and enhance the technological superiority and readiness of our Armed Forces, which are among the Nation's most significant consumers of critical minerals.
|
|
But Mr Eberstadt estimates the sum from the North's two biggest historical backers, Russia and China, by taking its balance of trade deficits with each of them as an approximation of net resource flows into the North—assuming that the surplus is a debt that will not be repaid.
|
|
Coming this week: Monday — Apple event Tuesday — US building permits; US housing starts; S&P/Case-Shiller home prices; McCormick (MKC) and Carnival (CCL) earnings Wednesday — US balance of trade data; Lululemon (LULU) earnings Thursday — UK consumer confidence; US final estimate Q4 GDP Friday — Huawei earnings; Carmax (KMX) earnings
|
|
By favoring government procurement of products made by U.S. firms like Apple, Microsoft and IBM and a balance-of-trade approach to foreign policy, "Trump is addressing the symptoms, not the disease" that's caused the U.S. to slip behind China in several key technologies, Sekora told CNBC in a phone interview.
|
|
"We are happy for all support in moving forward with U.S. LNG exports...We view this announcement as a step forward in improving the balance of trade," said Joi Lecznar, a spokeswoman for Tellurian, which is developing the $13-$16 billion Driftwood LNG export facility in Louisiana, expected to enter service in 2022.
|
|
Coming next week: Monday — Germany balance of tradeTuesday — China inflation data; PepsiCo (PEP) earningsWednesday — US oil inventories; Fed minutes; Bed Bath & Beyond (BBBY) earnings; Powell testifies in the HouseThursday — US inflation rate; China balance of trade; Delta (DAL) earnings; Powell testifies in the SenateFriday — US producer prices -- Paul La Monica contributed to this report.
|
|
Up next Monday: US markets closed; Japan GDP Tuesday: Germany economic sentiment; HSBC (HBCYF), Glencore (GLCNF), Deutsche Telekom (DTEGF), Walmart (WMT) earnings; NAHB Housing Market Index Wednesday: Japan balance of trade; US housing starts and building permits; Blue Apron (APRN) and Zillow (Z) earnings Thursday: Germany consumer confidence; Domino's (DMPZF) and Dropbox (DBX) earnings Friday: Purchasing Managers' Index readings; US existing home sales; Cinemark (CNK) earnings
|
|
PERRY: Well, yes, and just I think that you&aposre right that the way they calculate the statistics, just the word "deficit" sounds like a bad thing and the word "surplus" sounds like a much better thing, but in terms of our overall balance of trade that really, once you account for all of the international transactions for goods and for services and we have a trade surplus on services, and all of the trade for financial assets, that we have a capital deficit for goods and services, we have a capital inflow that exactly offsets that for our financial assets, so there really is no trade imbalance once we account for assets - financial assets and goods and services.
|
|