"Our trade deficit with China might decrease, but our overall trade deficit would not," he noted.
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Our trade deficit in goods reached — think of this — our trade deficit is $800 hundred billion dollars.
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Although the U.S. trade deficit with China declined in 2628, America's overall trade deficit is actually rising.
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The surge in the January trade deficit was flagged by an advance goods trade deficit report last week.
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Because the U.S. runs a trade deficit, we're losers, and anything that reduces that trade deficit is good.
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The surge in the January trade deficit was flagged by an advanced goods trade deficit report last week.
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The trade deficit with China Trump said twice that the US has a $173 billion trade deficit with China.
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Last year the U.S. trade deficit with Japan was $69 billion, America's second largest trade deficit, the lawmakers said.
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Trade deficit By Tami Luhby Trump boasted about the decline in the trade deficit in the most recent quarter.
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Mr. Trump typically cites the American trade deficit in goods, ignoring the country's trade deficit or surplus in services.
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The trade deficit with China Trump claimed the US trade deficit with China has long been $500 billion per year.
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That difference is the trade deficit: BananaLand has a $1 million trade deficit; CarNation has a $1 million trade surplus.
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Because the trade deficit represents an excess of spending over production, this increased spending results in a larger trade deficit.
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The trade deficit with China Trump said the US has for years had a "$500 billion" trade deficit with China.
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The surge in the December trade deficit was flagged by an advanced goods trade deficit report published in late January.
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The trade deficit with China Trump said twice that the US has long had a $173 billion annual trade deficit with China.
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America's trade deficit with China hit $375.2 billion in 2017, equivalent to two-thirds of the country's total trade deficit of $566 billion.
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Trade deficit with China Trump said on three occasions that the trade deficit with China has been $500 billion or more for years.
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So while changes in trade policy can shift imports and exports from one country to another, for example, reducing the American trade deficit with China while increasing its trade deficit with Thailand, they are unlikely to reduce the American trade deficit overall.
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The Commerce Department reported Wednesday that 2018's trade deficit was higher than 2017's, which was higher than the trade deficit in 85033.
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TRADE DEFICIT WIDENS: The U.S. trade deficit jumped in May, as exports were hampered by the strengthening U.S. dollar and imports from China surged.
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Interestingly, the trade deficit metrics cited overestimate the size of the trade deficit, by about half, and as a result are a bit misleading.
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Another key insight to Trump: Not only is he fixated on America's trade deficit — it's specifically the trade deficit in goods he cares about.
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That would add $80 billion to the annual trade deficit — significantly more than, for example, America's $56 billion trade deficit with Mexico last year.
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President Donald Trump is mad online about America's trade deficit with Canada even though the United States does not have a trade deficit with Canada.
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The U.S. trade deficit with China contracted in February to $29.26 billion, but it still made up more than half of its overall trade deficit.
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Trump's trade policies will have little effect on the trade deficit, but the Trump tax cuts make our trade deficit worse by increasing U.S. borrowing.
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Do you know that if we knock down the trade deficit right, trade deficit by just a little bit 93 percent, we can do that easily?
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And, by the way, the-- within the U.S. trade deficit-- years ago, 20 years ago-- a large part of the U.S. trade deficit was with Japan.
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For perspective, the United States had a trade deficit of $2628 billion with the EU and a total trade deficit of almost $28500 billion in 6900.
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The Tax Foundation argued that trade deficit increases aren't necessarily a bad thing, but that a rapid change in the trade deficit could be a concern.
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While most economists tend to dismiss the trade deficit as inconsequential, to Trump a large trade deficit is a clear sign of American manufacturing in decline.
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President Trump also needs to accept that reducing the US-China trade deficit will do nothing for America's overall trade deficit with the rest of the world.
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"If you look at the trade deficit, it's basically unchanged, but if you look underneath, there's been this dramatic decline in the petroleum trade deficit," said Zandi.
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And the administration has also laid out what they like to see, the trade deficit, the bilateral trade deficit come down by $100 billion in the short run.
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According to National Bureau of Statistics in 2016, the U.S. trade deficit with China stood at $347 billion which accounted for 62% of the total goods trade deficit.
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JAKARTA (Reuters) - Indonesia's trade deficit expected to have narrowed in May, following the biggest trade deficit in the country's history in April, a Reuters poll showed on Friday.
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Fourth, even if one conceded that a trade deficit involves the U.S. losing jobs abroad, can it really be argued that eliminating the trade deficit will increase employment at home?
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He predicted that Trump administration policies would start to narrow the United States' trade deficit with China, which is equal to more than half of the nation's overall trade deficit.
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One can only hope that a further widening of the trade deficit will bring home to the president the futility of engaging in trade wars to reduce the trade deficit.
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Reporting the overall trade deficit without that "re-export" category would swell the U.S. trade deficit, which would give Donald Trump added leverage as he tries to renegotiate new trade deals.
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Would you rather have a big trade deficit with record low unemployment and surging economic growth, or a falling trade deficit with Americans standing in unemployment lines and living on welfare?
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The U.S. had a $85033 billion trade deficit for goods with Japan for 2017, but the overall trade deficit figure is expected to drop when taking into account trading of services.
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The goods trade deficit dropped to 9.973 billion pounds in July from 10.679 billion the month before, and the total trade deficit in goods and services fell to just 111 million pounds.
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Moreover, eliminating the trade deficit by imposing trade restrictions is not doable — the trade deficit is driven by larger macroeconomic forces and reflects inadequate national savings — nor will it lead to job creation.
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Over all, the United States ran a trade deficit in goods of $807 billion in 2017 and a trade surplus in services of $13 billion, for a net trade deficit of $552 billion.
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Trump also repeated these false claims he has made on multiple previous occasions: - The trade deficit with China: He said the trade deficit with China has been $500 billion or more for years.
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Issues such as tariffs and even the trade deficit — America has a huge trade deficit with China, and Trump very much wants to reduce it — are areas where experts say progress seems possible.
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The contraction was mainly attributed to a lower trade deficit.
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The trade deficit also narrowed unusually sharply as imports plunged.
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The effect was a widening in the U.S. trade deficit.
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Eamon, you know they're half of our international trade deficit.
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The trade deficit with Mexico was slightly higher at $63bn.
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In fact, Trump's trade war is exacerbating the trade deficit.
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About half of our international trade deficit is with China.
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But history illustrates the likely effect on the trade deficit.
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The trade deficit with Canada would have become 39% smaller.
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The U.S. advance June goods trade deficit was $63.3 billion.
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Unfortunately for India, so has its trade deficit with China.
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August's trade deficit was revised slightly down to $40.5 billion.
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The U.S. trade deficit widened more than expected in May.
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May's trade deficit was revised slightly down to $41.0 billion.
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The U.S. November trade deficit came in at $22.5 billion.
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November trade data showed the U.S. trade deficit narrowed sharply.
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That is expected to have sharply narrowed the trade deficit.
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There's nothing wrong per se with a growing trade deficit.
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America has run a trade deficit every year since 1976.
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The U.S. November trade deficit came in at $42.4 billion.
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The overall trade deficit increased 1.5 percent to $50.0 billion.
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ET, the government is out with December trade deficit figures.
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The trade deficit results from domestic investment exceeding domestic savings.
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Does a big trade deficit mean we are exporting jobs?
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With imports weak, that resulted in a smaller trade deficit.
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The U.S. trade deficit with China rose to $419 billion.
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In the long run, this will reduce the trade deficit.
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This will reduce our trade deficit and create manufacturing jobs.
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The U.S. has a $69 billion trade deficit with Japan.
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Reagan acted aggressively, however, and achieved significant trade deficit reductions.
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Our trade deficit won't worsen, but trade will still occur.
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It would also reduce the U.S. trade deficit with Mexico.
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A focus on the merchandise goods trade deficit is myopic.
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Still, the US runs a persistent trade deficit with Japan.
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And we have a $505 billion trade deficit right now.
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The U.S. trade deficit would have ballooned to frightening levels.
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The U.S. has a $60 billion trade deficit with Mexico.
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America currently has a trade deficit of about $2900 trillion.
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In many ways, the trade deficit is a fake problem.
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If he did so, the trade deficit might even close.
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Trump has made lowering the U.S. trade deficit a priority.
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The country's overall trade deficit continues to irritate Mr. Trump.
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America does run a trade deficit with Canadians in goods.
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The trade deficit is inextricably linked to this capital inflow.
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May's trade deficit was revised slightly down to $22.5 billion.
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It would strike at the heart of the trade deficit.
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Reining in our trade deficit was a key campaign promise.
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|
First, a trade deficit is not an indicator of failure.
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Trade deficit jumped 64.6 percent to $16.30 billion in January.
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Not every economist thinks that a trade deficit is harmless.
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The trade deficit expanded slightly to $72.83 billion in August.
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"I don't blame China," Trump said of the trade deficit.
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Revisions to the trade deficit and inventory accumulation were minor.
|
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Despite the protectionist measures, the trade deficit continues to deteriorate.
|
|
Data on Wednesday showed that the U.S. trade deficit increased to a five-month high in July with the politically sensitive goods trade deficit with China surging 10 percent to a record $36.8 billion.
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Over the past 15 years, the United States has accrued a $3.8 trillion goods trade deficit with China, a trade deficit that analysts estimate may have cost America as many as 3.4 million jobs.
|
|
Today, the entire U.S.-Mexico trade deficit — not just the portion of the deficit due to NAFTA — amounts to $2628 billion or only 28500 percent of the U.S. global trade deficit of $6900 billion.
|
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While the president can take pride in this performance, the contemporaneous improvement of the economy and growth of the trade deficit strongly suggest that the trade deficit is a poor indicator of national well-being.
|
|
Many economists correctly argue that a trade deficit is not a good indication of how the U.S. economy is doing — especially given that the U.S. trade deficit tends to rise when the economy is strong.
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|
The United States had a large trade deficit in 2009, when the unemployment rate reached 10 percent, but it had an even larger trade deficit in 2006, when the unemployment rate fell to 4.4 percent.
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The January U.S. trade deficit is released at 8:30 a.m.
|
|
Trump also appeared to misrepresent the US trade deficit with China.
|
|
Such currency management is the major cause of our trade deficit.
|
|
Squashing a trade deficit can involve curbing imports or boosting exports.
|
|
So some hope it would help to close the trade deficit.
|
|
The US has a huge trade deficit in goods with China.
|
|
And though exports are up, the trade deficit is still growing.
|
|
In other economic news, the March trade deficit was $40.4 billion.
|
|
That is supposed to reduce America's bilateral trade deficit with China.
|
|
So the overall trade deficit last year came to $500.4 billion.
|
|
The country revised its trade deficit in August to $944 million.
|
|
The trade deficit for the month came in at $7.76 billion.
|
|
And it has about a $903bn dollar trade deficit with Canada.
|
|
The plunge in exports caused a deterioration of the trade deficit.
|
|
The government issues August trade deficit data at 8:30 a.m.
|
|
Mr Trump argues that America's trade deficit is a bad thing.
|
|
Trump lashed out over the trade deficit with China on Monday.
|
|
Not surprisingly, the auto industry drives the trade deficit with Germany.
|
|
You know, you have a bilateral trade deficit with the grocer.
|
|
Data showing the trade deficit narrowed lifted yields off their lows.
|
|
India's trade deficit declined 2503 percent to $10.37 billion in December.
|
|
American trade deficit is responsible for losing millions of American jobs.
|
|
Because, among others, it would heavily increase our automobile trade deficit.
|
|
TPP, like NAFTA, would further increase American trade-deficit and unemployment.
|
|
Both of these commentators misunderstand the significance of the trade deficit.
|
|
"I have always said the trade deficit doesn't matter," Cohn said.
|
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The U.S. trade deficit with Canada and Mexico has increased significantly.
|
|
The result is an American trade deficit with Mexico of $85033.
|
|
The budget deficit has nothing to do with the trade deficit.
|
|
As a result, the U.S. trade deficit with China keeps climbing.
|
|
The trade deficit increased for a number of short-term reasons.
|
|
The White House wants to reduce the trade deficit with China.
|
|
That's why Trump thinks the U.S. trade deficit is so large.
|
|
The September trade deficit is also issued at 8:30 a.m.
|
|
Last year the U.S. trade deficit with India neared $31 billion.
|
|
U.S. products became globally competitive, and the U.S. trade deficit shrank.
|
|
China accounts for about 46 percent of the U.S. trade deficit.
|
|
China is responsible for nearly half of our entire trade deficit.
|
|
It was the country's 14th consecutive month with a trade deficit.
|
|
Last year, the U.S. trade deficit with India neared $31 billion.
|
|
It was the country's 15th consecutive month with a trade deficit.
|
|
So they are more than happy to finance America's trade deficit.
|
|
The trade deficit hasn't had a uniform effect across the economy.
|
|
But slashing the trade deficit for good will be very tough.
|
|
The trade deficit is likely to worsen in the first quarter.
|
|
In November, the trade deficit reached a nearly six-year high.
|
|
The rise in oil exports is not reducing the trade deficit.
|
|
Instead, the size of the trade deficit has continued to grow.
|
|
China does account for the largest share of America's trade deficit.
|
|
Between January and July, its trade deficit had reached $3.2 billion.
|
|
The trade deficit probably narrowed relative to the April-June quarter.
|
|
SOLVING OUR TRADE DEFICIT WITH CHINA WITH LNG, THOUGH, WON'T HAPPEN.
|
|
First and foremost, Trump wanted to slash the U.S. trade deficit.
|
|
Correction: The November trade deficit was the lowest since October 2016.
|
|
The U.S. trade deficit with China approached $85033 billion in 2016.
|
|
But the trade deficit has widened, and manufacturing output is shrinking.
|
|
The key problem is the American chronic trade deficit with Germany.
|
|
That's how you end up having an $800 billion trade deficit.
|
|
Looming over all this is the U.S. trade deficit with Mexico.
|
|
The U.S. trade deficit with China was $309.6 billion in 2016.
|
|
Without travel, America's overall trade deficit would have been 11% higher.
|
|
And why President Trump's battle hasn't helped narrow the trade deficit.
|
|
"International travelers actually help reduce the trade deficit," Ms. Barnes said.
|
|
The U.S. has a 60 billion dollar trade deficit with Mexico.
|
|
The false claim that won't go away: The trade deficit with China More than 100 times as president, Trump has claimed that the US has, for years, had a trade deficit of "$500 billion" with China.
|
|
As economists across the political spectrum recognize, free trade benefits the economy, and a bilateral trade deficit between two nations is no more an indicator of economic failure than is my trade deficit with my local supermarket.
|
|
The United States had a much smaller $5.6-billion automotive trade deficit with Canada last year, but autos was the still a major component of an $11.8 billion overall U.S. goods trade deficit with Canada last year.
|
|
Trump lashed out over the U.S. trade deficit with China on Monday.
|
|
The higher imports may also widen the South Asian country's trade deficit.
|
|
The goods trade deficit increased 1.23 percent to $21.2 billion in March.
|
|
That brings our overall trade deficit down to $500 billion for 2015.
|
|
That trade deficit rose to its largest in a decade in 2018.
|
|
Washington should ask Beijing for a prompt reduction of its trade deficit.
|
|
IS THAT YOU'RE BETTER OFF HAVING A TRADE DEFICIT THAN A SURPLUS.
|
|
For many years, the U.S. has run a trade deficit with Taiwan.
|
|
Really, a trade deficit means we have a net inflow of goods.
|
|
That makes its bilateral trade deficit with the US even less relevant.
|
|
Since then, soybean exports have declined every month, increasing the trade deficit.
|
|
Without travel, the country's $500 billion trade deficit would be 17% larger.
|
|
Mr Trump seems to blame these agreements for America's large trade deficit.
|
|
On Sunday, he compared the U.S. trade deficit with China to rape.
|
|
The U.S. advance April goods trade deficit was $57.53 billion, Reuters said.
|
|
And then there is a depressive impact of our foreign trade deficit.
|
|
Before NAFTA, we did not have a significant trade deficit with Mexico.
|
|
Notably, the U.S. trade deficit was smaller than expected and inventories grew.
|
|
It would also tend to increase the trade deficit, which he deplores.
|
|
The trade deficit for April was about 325 million euros ($366 million).
|
|
On the data front, U.S. trade deficit totaled $62 billion in October.
|
|
On the data front, U.S. trade deficit totaled $218.24 billion in October.
|
|
Another risk stems from Mr Trump's obsession with the bilateral trade deficit.
|
|
He has asked it to reduce America's bilateral trade deficit by $100bn.
|
|
That would add to the trade deficit, which so occupies this Administration.
|
|
What are the potential risks of a large trade deficit with China?
|
|
"This further impacts Morocco's finances and deepens the trade deficit," he said.
|
|
America's trade deficit with China is so large it almost defies comprehension.
|
|
ET, on top of U.S. trade deficit data, expected at 8.30 a.m.
|
|
February's trade deficit was revised up to $43.8 billion from $43.6 billion.
|
|
The trade deficit is the largest component of the U.S. current account.
|
|
"Our trade deficit overall is about $500 billion a year," Ross said.
|
|
Its trade deficit with China widened to $16.29 billion from $11.05 billion.
|
|
Germany ran a $65 billion trade deficit with the U.S. last year.
|
|
The goods trade deficit increased 214.13 percent to $72.4 billion in March.
|
|
The U.S. goods trade deficit with China reached $347 billion last year.
|
|
Third, restrictions on imports are not likely to reduce the trade deficit.
|
|
A narrowing trade deficit has therefore supported the peso, according to analysts.
|
|
So, expect imports to grow rapidly and the trade deficit to widen.
|
|
The trade deficit with Mexico was the highest on record in June.
|
|
And reducing oil consumption lowers our trade deficit and increases national security.
|
|
The trade deficit narrowed, but there was a decline in trade volume.
|
|
Trump said the U.S. cannot let its trade deficit with China continue.
|
|
At the same time, the government will issue the April trade deficit.
|
|
The U.S. has a trade deficit, which in general is not ideal.
|
|
And that is the matter of the bilateral trade deficit which is.
|
|
Our trade deficit in goods reached nearly $800 billion last year alone.
|
|
Trump is using the trade deficit as a key metric of fairness.
|
|
In 85033, President Reagan faced the largest trade deficit in U.S. history.
|
|
He blamed past administrations for the US trade deficit with China 453.
|
|
That compares to the more than $370 billion trade deficit in goods.
|
|
For over four decades, the United States has recorded a trade deficit.
|
|
We do have an intolerably big trade deficit with China in them.
|
|
The widening of the CAD is primarily because of higher trade deficit.
|
|
But talking about the trade deficit in isolation is a huge mistake.
|
|
Weak overseas economies have weighed on American exports, widening the trade deficit.
|
|
He also doubled down on the trade deficit in a later tweet.
|
|
Our total trade deficit in goods hit nearly $800 billion last year.
|
|
" Sanders later tweeted, "In 2017 we had a $17.58 B trade deficit.
|
|
But the trade deficit is a lousy measure for any of this.
|
|
One big ask: Cut the trade deficit by $200 billion by 2020.
|
|
Earlier this year the US trade deficit hit a record $891.3 billion.
|
|
The drop follows five straight months of growth in the trade deficit.
|
|
American exports decline, imports increase, and a result is the trade deficit.
|
|
He has also exaggerated the trade deficit totals with China and Mexico.
|
|
Another key metric Mr. Trump watches — the trade deficit — is also widening.
|
|
A shrinking trade deficit added to G.D.P. growth as recently as 2013.
|
|
He complains all the time about the US trade deficit with China.
|
|
When a country runs a trade deficit, there is a countervailing force.
|
|
The trade deficit was $42.7 billion in October, the latest month available.
|
|
TURKISH TRADE MINISTER SAYS 2019 TRADE DEFICIT FELL 45% TO $29.93 BLN
|
|
The trade deficit has ballooned to nearly $60 billion in China's favor.
|
|
A major theme of the report is concern about the trade deficit.
|
|
It's the highest monthly trade deficit recorded since President Trump took office.
|
|
By the numbers: 27.4% drop in the goods trade deficit in October.
|
|
A trade deficit is not reason enough to impose tariffs, she said.
|
|
" He added, "You focus on the trade deficit and good things happen.
|
|
Therefore, a trade deficit is a net negative for the U.S. economy.
|
|
A worsening trade deficit and declining tourism revenues have eroded the reserves.
|
|
However, the French trade deficit narrowed in November to 4.63 billion euros.
|
|
The result has been the largest bilateral trade deficit in U.S. history.
|
|
Trade deficit for July was $3.546 billion versus $3.188 billion in June.
|
|
The trade deficit continues to widen a year into the Trump presidency.
|
|
In addition, the goods trade deficit widened last month as exports fell.
|
|
Retailing has faltered, housing has flatlined and the trade deficit has ballooned.
|
|
It's the highest monthly trade deficit recorded since President Trump took office.
|
|
We— PRESIDENT TRUMP: Hey Joe, we have a trade deficit with Mexico.
|
|
Will you — Trump: Hey Joe, we have a trade deficit with Mexico.
|
|
Second, our trade deficit is partly driven by our federal budget deficit.
|
|
Germany accounted for 14 percent of the U.S. trade deficit in 2016.
|
|
That so-called trade deficit in goods totaled $382 billion in 2018.
|
|
Last year we had a Trade Deficit of almost 800 Billion Dollars.
|
|
The US had a $59 billion trade deficit with Mexico in 2016.
|
|
If higher imports are the product of unfair trade practices, and those products could be reasonably made here, shrinking the trade deficit makes sense, but not if shrinking the trade deficit comes at the expense of export growth.
|
|
Rather than reducing the trade deficit, one must expect that a reduction in the country's savings level resulting from an increased budget deficit would increase the trade deficit and bring back the days of the twin deficit problem.
|
|
Trade deficit with China Trump said the trade deficit with China was $500 billion, alleging that previous presidents allowed China to "to take out $500 billion a year" or even "more than that" including theft of intellectual property.
|
|
The energy-trade deficit has come down from $416bn at its peak in 2008, when it accounted for half the total trade deficit, to $19703bn in the first ten months of 2017, less than a tenth of the total.
|
|
"The jobs and wealth have been stripped from our country year after year, decade after decade, trade deficit upon trade deficit," he said in March — as he ordered up a country-by-country review of the nation's trade imbalances.
|
|
ET, along with revised first quarter productivity figures and April trade deficit figures.
|
|
" It should have said, "America's trade deficit narrowed dramatically during the Great Recession.
|
|
The U.S. had a trade deficit of $323 billion with China in 2018.
|
|
China, the trade deficit for last year, $375 billion in goods and services.
|
|
As a result, the U.S.-China trade deficit declined 13 percent in December.
|
|
China has not posted a trade deficit in dollar terms since February 2014.
|
|
Our trade deficit in goods with Japan stood at $49 billion in 1989.
|
|
We have a tremendous deficit in trade, commonly known as a trade deficit.
|
|
The trade deficit in the third quarter, indeed, was the highest since 2013.
|
|
The American trade deficit with China was closer to $400 billion in 2017.
|
|
ET decision, the government releases March trade deficit data at 8:2503 a.m.
|
|
Repatriating it would probably cause the dollar to rise, worsening the trade deficit.
|
|
In the U.S. economic news, the advance May trade deficit was $60.59 billion.
|
|
Back in the U.S., trade deficit for May came in at $60.59 billion.
|
|
In September, America's trade deficit with China reached a new high: $33 billion.
|
|
On Wednesday, the U.S. trade deficit for September came in at $56.1 billion.
|
|
China accounts for about three-fifths of America's trade deficit (see chart 93).
|
|
That austerity has helped squeeze imports, turning the trade deficit into a surplus.
|
|
Last year, America ran half-a-trillion dollar trade deficit with Asian economies.
|
|
America's trade deficit is a poor indicator of the success of the WTO.
|
|
As a result, our trade deficit ballooned to nearly $800 billion a year.
|
|
Adding to the puzzle is the administration's focus on eliminating the trade deficit.
|
|
The U.S. trade deficit jumped to a near five-year high in January.
|
|
In non-seasonally adjusted terms, Mexico posted a trade deficit of $3.441 billion.
|
|
The U.S. advance January goods trade deficit was negative $62.23 billion, Reuters said.
|
|
We get weekly jobless claims numbers and trade deficit data later this morning.
|
|
This helped push the U.S. trade deficit with China to a record high.
|
|
President Donald Trump is intent on having a smaller trade deficit with China.
|
|
America's $28 billion tourism surplus with China meaningfully reduces the overall trade deficit.
|
|
ET. The government will issue January trade deficit figures at 8:30 a.m.
|
|
This would include buying more from abroad, which also raises the trade deficit.
|
|
Therefore, the trade deficit widens when consumers have more money in their pockets.
|
|
The reason we have a trade deficit is, people are investing in America.
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Why then, he suggested, isn't our large trade deficit a negative for growth?
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Trump has made reducing the U.S. trade deficit one of his signature issues.
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The country has been running both a trade deficit and a fiscal deficit.
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Unfortunately, the Democratic platform includes no balanced trade goal or trade deficit criticism.
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Meanwhile, the trade deficit shrank by 2.7 percent to $42.4 billion in August.
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Despite the Trump administration's protectionist trade policy, the trade deficit continues to deteriorate.
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The politically sensitive U.S.-China trade deficit stood at $347 billion last year.
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And America's bilateral trade deficit with Mexico grew by at least $220006 billion.
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It is natural in this situation for the U.S. trade deficit to widen.
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But the overall U.S. trade deficit will not change in any significant way.
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Britain has a trade deficit, so a weaker pound is on balance negative.
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For one thing, the administration's focus on the bilateral trade deficit is misguided.
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Justifying his tariffs, Trump said the US suffers a trade deficit with Canada.
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Trump vowed to tackle the U.S. trade deficit when taking office last year.
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The US trade deficit, Trump noted, has dropped by more than $50 billion.
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Meanwhile, the trade deficit fell by 2.7 percent to $42.4 billion in August.
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Data out on Wednesday showed that the U.S. trade deficit remains a problem.
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Getting rid of the trade deficit could very well make America less great.
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And they know that Trump is obsessed with one number — the trade deficit.
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Part of the rise in the trade deficit in November reflected price increases.
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In economics parlance, the Mankiw family runs a trade deficit with that restaurant.
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In September, America's trade deficit with China reached a new high: $34.1 billion.
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The United States has a trade deficit of about $337 billion with China.
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When adjusted for inflation, the trade deficit was little changed at $61.8 billion.
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In 2017, the United States had a $23 billion trade deficit with India.
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Separately, the Commerce Department said the U.S. trade deficit widened sharply in June.
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"Harley-Davidson is not going to erase the trade deficit," Mr. Chaulia said.
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The Trump administration regards the trade deficit as a drain on the economy.
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The president has made reducing America's trade deficit a cornerstone of his administration.
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India's trade deficit stood at $14.49 billion in December 2018, the statement said.
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Southeast Asia's largest economy had a trade deficit of $271.2 million in July.
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"We have a MASSIVE trade deficit with Germany," Mr. Trump tweeted in May.
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A trade deficit occurs when a country buys more products then it sells.
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We consume more than they do, we're going to have a trade deficit.
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"The bilateral trade deficit in the U.S. is really pretty meaningless," Roach said.
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The goods trade deficit with the European Union jumped 23.7% to $15.3 billion.
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The trade deficit Trump promised to reduce is instead at a record high.
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The monthly trade deficit is at its lowest levels during the Trump presidency.
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Another problem is that Trump has failed to shrink the U.S. trade deficit.
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But there are other factors that affect the country's trade deficit besides tariffs.
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We have a trade deficit with Canada of a substantial amount of money.
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But Joe, we have a $291 billion a year trade deficit with Mexico.
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What really matters is not whether the trade deficit is rising or falling.
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The trade deficit fell a great deal during the 1.23 recession, for example.
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The reason the trade deficit rose is that imports rose faster than exports.
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The reason we have a trade deficit is people are investing in America.
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America's trade deficit with China reached a new high — $20193 billion — in September.
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The politically sensitive goods trade deficit with China surged 2185% to $2000 billion.
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With the trade deficit for the full year of 2016 now put at a revised $504.8 billion, this suggests that the 2017 trade deficit is set to come in above $560 billion this year, perhaps as much as $565 billion.
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It is all too likely that when the U.S. trade deficit widens along with the U.S. budget deficit, the administration will double down on its recent resort to arbitrary import restrictions in a futile effort to reduce the trade deficit.
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Trade deficit with Mexico at its lowest since July 28500: U.S. trade with Mexico grew in January, but the trade deficit with the country -- a major talking point for President Trump -- fell to its lowest point since July of 6900.
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ET, is expected to show U.S. trade deficit widening to $53.5 billion in February.
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The Commerce Department said the trade deficit fell 2.1% to $50.8 billion in April.
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India's trade deficit widened to its highest in more than three years in December.
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" Li also acknowledged that the $375 billion US-Chinese trade deficit is not "sustainable.
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CARL QUINTANILLA: Larry, we didn't get to the yield curve or the trade deficit.
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It also led cautious businesses to hoard imports, causing the trade deficit to widen.
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On the data front, the U.S. trade deficit hit its highest level since 2012.
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Overall the U.S. trade deficit with other countries was $566 billion in the year.
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So, just having a trade deficit doesn&apost necessarily mean that anything is bad.
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LEVIN: You have a trade deficit with your bank if you have a mortgage.
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The U.S. trade deficit in November rose to the highest level in nine months.
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On the data front, the U.S. trade deficit widened to $48.49 billion in January.
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But the U.S. trade deficit increased to $43.5 billion despite growth-driven U.S. exports.
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It starts with an overvalued exchange rate, which gives rise to a trade deficit.
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The U.S. trade deficit fell to its lowest level in November as imports fell.
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America's trade deficit in goods with South Korea has more than doubled since 2011.
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The trade deficit, meanwhile, is tied to the difference between domestic saving and investment.
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Though the trade deficit widened in March, it remains below the recent December high.
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In July, imports grew 21 percent, and the trade deficit was 2111.8700 billion yen.
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In the year to date America's trade deficit in goods has increased by 10%.
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Number two, we have a trade deficit with Mexico of $58 billion a year.
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The United States had a trade deficit of $336.2 billion with China last year.
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The president talks extensively about the $500 billion trade deficit we have with China.
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Nearly half of that was accounted for by the U.S. trade deficit with Germany.
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By the numbers: The annual U.S. trade deficit surged to $2.93 billion in 2018.
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So, talk to China reasonably about accelerating the current pace of trade deficit cuts.
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He has long pushed for the U.S. to cut its trade deficit with China.
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The Commerce Department said on Wednesday the trade deficit surged 20.94% to $23.1 billion.
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Most of the rise in the trade deficit in February reflected commodity price increases.
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Analysts in a Reuters poll had forecast a trade deficit of C$300 million.
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Elsewhere on the data front, the trade deficit widened to $40.7 billion in August.
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The July trade deficit was revised to $39.55 billion from a previous $39.47 billion.
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Analysts in a Reuters poll had forecast a trade deficit of C$23.9 million.
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Facts First: The US has never had a $500 billion trade deficit with China.
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The world's second largest economy posted a rare $9.15 billion trade deficit in February.
|
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The smaller goods trade deficit was seen offsetting an anticipated drag from inventory investment.
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Mexico posted a $1.833 billion trade deficit in January when adjusted for seasonal swings.
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A surge in the trade deficit was already highlighted by figures released on Tuesday.
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Still, Mexico already has a trade deficit in those metals with the United States.
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His biggest data point, wielded like a cudgel: America's $500 billion annual trade deficit.
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ET: the government's March trade deficit, weekly initial jobless claims, and first quarter productivity.
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He said, 'No, no, we have no trade deficit with you, we have none.
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With China, the EU's trade deficit expanded to 76.7 billion from 1.43 billion euros.
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The purchases are aimed at reducing the $0000633 billion U.S. trade deficit with China.
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The country had posted a $301 million trade deficit during August of last year.
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"It doesn't mean there is something wrong if there's a trade deficit," Ross said.
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With China, the EU's trade deficit expanded to 62.0 billion from 2.53 billion euros.
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That left a smaller trade deficit, which had a neutral impact on GDP growth.
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We have a trade deficit with Mexico that is astronomical, much bigger than that.
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|
Manufacturing and the housing market are struggling and the trade deficit is widening again.
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Meanwhile, his "trade deficit" facts don't fully line up with his own trade office.
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Canada: The U.S. goods trade deficit with Canada was $15 billion through November 2017.
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The U.S. trade deficit has jumped to a five year high of $48 billion.
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He said 'No, no, we have no trade deficit with you, we have none.
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Analysts in a Reuters poll had forecast a trade deficit of C$3.83 million.
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The reality is the trade deficit is widening because his economic policies are working.
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The U.S. is currently on track for its largest annual trade deficit since 6900.
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In October,the trade deficit reached a stunning new monthly record of $43 billion.
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The Commerce Department said on Friday the trade deficit slipped 286.1% to $20.65 billion.
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WE HAVE HAD A BIG PROBLEM WITH TRADE DEFICIT FOR A LONG, LONG TIME.
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In the first three months, the services trade deficit stood at $57.7 billion yuan.
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The United States had a $0.8 billion goods trade deficit with Canada in April.
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On the data front, the U.S. international trade deficit totaled $48.7 billion in October.
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In 2017, Rwanda's trade deficit with the U.S. was $22.4 million, according to AGOA.
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This is an economic opportunity: we must reverse our $2628 billion seafood trade deficit.
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And so I do think that there's levels of trade deficit that bother me.
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China accounts for $367 billion, or about half, of the massive U.S. trade deficit.
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If a country invests more than it saves, it will run a trade deficit.
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|
Last year, the United States had a $24.8 billion goods trade deficit with Malaysia.
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|
And so, the U.S. trade deficit gets worse as American exports become less competitive.
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|
The goods trade deficit narrowed sharply, while wholesale and retail inventories increased in September.
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In fact, Mexico imports more than it exports and hence has a trade deficit.
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|
Misconception No. 4: America cannot shrink its trade deficit without starting a trade war.
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Our trade deficit with the world is now nearly $28503 billion dollars a year.
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Our manufacturing trade deficit with the world is now approaching $1 trillion a year.
|
|
More recently, the Trump administration has made a big issue about our trade deficit.
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|
We're going to have a trade deficit of $22011 billion this year with China.
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|
It is true that a trade deficit subtracts from a country's gross domestic product.
|
|
No matter their promises, they can't deliver a meaningful change in the trade deficit.
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|
And now, last year, we had almost a $500 billion trade deficit with China.
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|
Trump said he's asked China to immediately reduce the trade deficit by $100 billion.
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|
He wants to immediately—or very quickly—get rid of the trade deficit. Huh?
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|
The U.S. trade deficit widened to $502.25 billion in 2016, the largest since 2012.
|
|
But the U.S. trade deficit with Korea is not a result of KORUS FTA.
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|
France's trade deficit with China is around $30 billion, its largest with any country.
|
|
What these policies do to the trade deficit is, at most, a secondary concern.
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|
What Trump Said We have close to a $100 billion trade deficit with Japan.
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|
The trade deficit has been a fixation of Trump's since at least the 1980s.
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|
The Commerce Department said on Wednesday the trade deficit dropped 2.7% to $1.73 billion.
|
|
With China, the EU's trade deficit expanded to 17.73 billion from 98.6 billion euros.
|
|
This fed inflation that made Spanish industry uncompetitive, leading to a huge trade deficit.
|
|
Again, the swelling trade deficit doesn't pose any immediate threat to the U.S. economy.
|
|
The data will probably show the trade deficit reaching the highest level in years.
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To be sure, there are times when a growing trade deficit is not undesirable.
|
|
In fact, the US posted its largest worldwide trade deficit in history last year.
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|
With China, the EU's trade deficit expanded to 17.73 billion from 98.6 billion euros.
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|
You know, we've got half a trillion dollars in trade deficit to get down.
|
|
During his campaign, Mr. Trump said that he would wipe away the trade deficit.
|
|
Trump has also called India out as a source of the US trade deficit.
|
|
Iowa, like the rest of the United States, runs a trade deficit with China.
|
|
In fact, the trade deficit with China and the dollar are not directly related.
|
|
Lower gold imports could also help the South Asian country cut its trade deficit.
|
|
But focusing on the trade deficit is not the best way to achieve it.
|
|
The trade deficit was probably less of a drag on GDP growth last quarter.
|
|
He's made the argument that-- having a trade deficit is a bad thing, inherently.
|
|
Falling bullion imports could help reduce India's trade deficit and support the ailing rupee.
|
|
Specifically, years of import competition and a swelling trade deficit crowded out domestic production.
|
|
The Commerce Department said on Friday the trade deficit rose 21.9% to $21.1 billion.
|
|
President Donald Trump has set reducing the global trade deficit as a major priority.
|
|
According to Chu, that means Beijing has a massive trade deficit in this space.
|
|
Our trade deficit in goods with the world last year was nearly $800 billion.
|
|
Even with Mexico and Canada, the U.S. has a trade deficit in agricultural goods.
|
|
Trump has repeatedly said the U.S trade deficit is too big and needs fixing.
|
|
Conversely, a country that saves less than it invests will run a trade deficit.
|
|
That would hardly seem to be the way to reduce the country's trade deficit.
|
|
If the U.S. bought nothing from other countries, it would have no trade deficit.
|
|
And if they sell less to foreigners, the trade deficit goes up, not down.
|
|
"I just think the trade deficit is a separate animal all together," he said.
|
|
It is unacceptable for this nation to have a trade deficit of this magnitude.
|
|
Part of the rise in the trade deficit in January reflected commodity price increases.
|
|
A trade deficit is supposed to set in motion forces that close the deficit.
|
|
"He defended his plan by highlighting our trade deficit with the Chinese," Kimmel said.
|
|
The trade deficit for goods widened by $3.4 billion in November to $65.3 billion.
|
|
The combined goods and services trade deficit with Mexico was $22019 billion in 2016.
|
|
Will you- President Trump: Hey Joe, we have a trade deficit with Mexico, Mexico.
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|
The United States runs a substantial trade deficit in goods with Thailand every year.
|
|
So today's Chautauqua is about how protectionism, Trump style, will affect the trade deficit.
|
|
The so-called real trade deficit is above the average for the third quarter.
|
|
The factors that go into a trade deficit are much bigger than trade agreements.
|
|
In 2018, America's trade deficit with China reached an all-time high: $419 billion.
|
|
The trade deficit was previously estimated to have subtracted 0.22 percentage point from output.
|
|
However, the probability is that the overall U.S. trade deficit will continue to rise.
|
|
Trump's trade war with China has led to a shrinking trade deficit with that country, but the overall US trade deficit has continued to grow, suggesting that the President's goal to bring production of goods back to the US has not been achieved.
|
|
Reality Check: Trump on trade deficit increasing 214.1% while Clinton was secretary of state By Chris Isidore and Tami Luhby, CNNMoney Trump said Clinton should be "scorned" because the nation's trade deficit with China soared 21328% while she was secretary of state.
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BILATERAL TRADE DEFICIT REDUCTION Separate from the memorandums, U.S. and Chinese negotiators are discussing a 10-item list of shorter-term measures, largely purchases of commodities and other goods, that China can take to quickly reduce the trade deficit with the United States.
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|
In other words, the $795 billion total US trade deficit with China and other countries frees up the time of Americans to create its enormous $20 trillion worth of GDP -- more than 25 times as big a value as the US trade deficit.
|
|
The goods trade deficit with Mexico hit a record high of $2214.1 billion in March.
|
|
An open and constructive dialogue is expected, given low-hanging fruits on trade deficit reduction.
|
|
We get trade deficit data and earnings from Ford and Archer Daniels Midland this morning.
|
|
U.S. officials figure that the trade deficit quadrupled between 2001 and 2015, to $367 billion.
|
|
We had a trade deficit, Maria, of 253 billion -- with a B -- dollars last year.
|
|
In non-seasonally adjusted terms, Mexico posted a trade deficit of $3.294 billion MXTBAL=ECI.
|
|
Now what I want to correct here is on the issue of the trade deficit.
|
|
December's trade deficit was revised up to $44.7 billion from the previously reported $43.4 billion.
|
|
Economists polled by Reuters had forecast the trade deficit widening to $44.0 billion in January.
|
|
The politically sensitive U.S.-China trade deficit rose 3.7 percent to $28.9 billion in January.
|
|
This underscores a debate among economists about just how harmful the trade deficit really is.
|
|
In addition, the housing market is struggling and the goods trade deficit widened in May.
|
|
Mainland Chinese markets finished mixed after it produced a rare trade deficit in yuan terms.
|
|
Our trade deficit in goods with the world last year was nearly $800 billion dollars.
|
|
A fiscal stimulus would suck in imports and thus cause the trade deficit to widen.
|
|
The trade deficit will widen as a strong currency squeezes exports and sucks in imports.
|
|
The politically sensitive U.S.-China trade deficit fell 2.0 percent to $30.5 billion in November.
|
|
When you get paid by your employer, he runs up his trade deficit with you.
|
|
And I do know negotiations are underway, not to address a trade deficit with China.
|
|
Viewing the trade deficit as cheap borrowing exposes the tension at the heart of Trumponomics.
|
|
ET. The U.S. May trade deficit was $41.1 billion versus $37.4 billion the prior month.
|
|
We're going to have a trade deficit of 505 billion dollars this year with China.
|
|
The trade deficit rose 12% in the first half of this year, customs data showed.
|
|
The U.S. advance goods trade deficit totaled a wider-than-expected $60.59 billion in May.
|
|
The politically sensitive goods trade deficit with China plunged 17.6% to $345.6 billion in 1.03.
|
|
But Washington wanted to talk while its trade deficit with China soared 11.6% last year.
|
|
Last year, the U.S. trade deficit with those two economies came in at $247 billion.
|
|
Mr Ross has said he wants to "spread the trade-deficit issue around the globe".
|
|
Egypt's trade deficit in January was 44% smaller than it had been a year earlier.
|
|
President Donald Trump has made reducing the trade deficit a cornerstone of his economic program.
|
|
The average goods trade deficit for January and February is below the fourth-quarter average.
|
|
Economists polled by Reuters had forecast the trade deficit falling to $24.3 billion in March.
|
|
A surge in soybean exports helped to shrink the trade deficit in the third quarter.
|
|
Today, we run a trade deficit in goods of roughly $60 billion — an astonishing leap.
|
|
But the trade deficit also include services, which produced a trade surplus of $262.2 billion.
|
|
ET, the government issues data on the October trade deficit and revised third quarter productivity.
|
|
India suffers from a massive trade deficit with its largest trading partner, China, he flagged.
|
|
The rising goods trade deficit will likely subtract from GDP growth in the second quarter.
|
|
More recently, he's been tying the issue to America's trade deficit with its southern neighbor.
|
|
But the trade deficit rose almost 20 percent in January-November to 15.5 billion euros.
|
|
The politically sensitive U.S.-China trade deficit increased 1.9 percent to $30.3 billion in July.
|
|
Some estimates judge that this policy discrepancy generates about half of the U.S. trade deficit.
|
|
The politically sensitive U.S.-China trade deficit dropped 4.1 percent to $32.5 billion in September.
|
|
Economists polled by Reuters had forecast the trade deficit rising to $213.8 billion in May.
|
|
Right now the United States has a 70—almost a $70bn trade deficit with Mexico.
|
|
Having taken against it, Mr Trump thinks America's trade deficit can be fixed by tariffs.
|
|
The politically sensitive U.S.-China trade deficit increased to an 11-month high in July.
|
|
The U.K. had a trade deficit of £19.6 billion with China, the government paper noted.
|
|
October's trade deficit was revised up to $2122.2 billion from the previously reported $22011 billion.
|
|
Facts First: The US has never had an annual $503 billion trade deficit with China.
|
|
The Commerce Department said on Wednesday the trade deficit jumped 5.0 percent to $56.6 billion.
|
|
The so-called real trade deficit is above the fourth-quarter average of $66.8 billion.
|
|
They are working in that the trade deficit with China has shrunk a little bit.
|
|
Aso also signaled discontent over U.S. demands to shrink the country's trade deficit with Japan.
|
|
President, thank you for the opportunity to help fix the trade deficit and other things.
|
|
The record goods trade deficit is also hurting activity as well as slowing global economies.
|
|
November's trade deficit was revised down to $42.2 billion from the previously reported $42.4 billion.
|
|
The politically sensitive U.S.-China trade deficit increased 7.0 percent to $24.6 billion in March.
|
|
More recently, he's been tying the issue to America's trade deficit with its southern neighbor.
|
|
The country posted a $1.833 billion trade deficit in January when adjusted for seasonal swings.
|
|
Economists polled by Reuters had forecast the trade deficit rising to $46.2 billion in February.
|
|
Economists polled by Reuters had forecast the trade deficit unchanged at $21.0 billion in April.
|
|
Manila posted its biggest-ever trade deficit in November as imports of capital goods surged.
|
|
Summers told the New York Times that everyone should just relax about the trade deficit.
|
|
October's trade deficit was the biggest since the gap reached $28500 billion in October 6900.
|
|
Progress on these issues should advance the U.S. goal of reducing the bilateral trade deficit.
|
|
As long as the U.S. saves less than we invest, the trade deficit cannot end.
|
|
This change will raise $1 trillion over a decade because of the U.S. trade deficit.
|
|
This contrasts with the United States' vast trade deficit, a comparison which infuriates President Trump.
|
|
The goods trade deficit with China decreased 0.8% to $30.0 billion, with imports falling 0.7%.
|
|
The background: Trump has made reducing the U.S. trade deficit one of his signature issues.
|
|
In the short term — 2018 — the trade deficit did increase to a record-high level.
|
|
We get some economic data on the service sector and the trade deficit this morning.
|
|
Economists polled by Reuters had forecast the trade deficit unchanged at $2257.4 billion in April.
|
|
The figures aren't expected to make a dent in the US trade deficit with China.
|
|
The other argument made for imposing tariffs is the need to reduce the trade deficit.
|
|
So the trade deficit is likely to increase as a result of the administration's policies.
|
|
The U.S. goods and services trade deficit to China the same year was $385 billion.
|
|
Nor is it clear that removing all trade barriers would eliminate the U.S. trade deficit.
|
|
October's trade deficit was the biggest since the gap reached $28503 billion in October 22019.
|
|
The politically sensitive U.S.-China trade deficit increased 14.4 percent to $31.6 billion in May.
|
|
The Trump administration is also seeking a reduction of the U.S. trade deficit with China.
|
|
Moreover, slapping trade barriers against China would do little to narrow the American trade deficit.
|
|
They made - last year, we had a trade deficit with China of $350 billion, minimum.
|
|
The report also recognized that the dollar's relative overvaluation drives the current U.S. trade deficit.
|
|
China continues to account for between 28503-22019 percent of our total goods trade deficit.
|
|
Britain's trade deficit weighed on growth, posing its biggest drag on GDP since late 2013.
|
|
The U.S. Census Bureau releases the government's report on the U.S. trade deficit in July.
|
|
The goods trade deficit and inventory data could have implications for first-quarter GDP estimates.
|
|
Trade Minister Nirmala Sitharaman said the yuan's fall would worsen India's trade deficit with China.
|
|
The deceleration from the third quarter's brisk 3.5 percent pace reflected a wider trade deficit.
|
|
Even now, the trade deficit remains slightly higher than it was when Trump took office.
|
|
Some $70 billion of the U.S. trade deficit with China is from shipments of cellphones.
|
|
The government could take two major steps that would reduce or eliminate the trade deficit.
|
|
The politically sensitive U.S.-China trade deficit rose 0.6 percent to $35.4 billion in November.
|
|
That's a bilateral trade surplus for me and a bilateral trade deficit for The Times.
|
|
Movements in the exchange rate help explain the link between spending and the trade deficit.
|
|
Similarly, Mr. Trump likes to cite a $151 billion trade deficit with the European Union.
|
|
For instance, America's trade deficit narrowed dramatically during the Great Recession, when national consumption faltered.
|
|
President Trump repeated his false assertion that the U.S. runs a trade deficit with Canada.
|
|
Mr. Trump has long lambasted the trade deficit as a sign of United States weakness.
|
|
Imports of Chinese goods alone equal two-thirds of the global U.S. trade deficit today.
|
|
But the basic result, that tariffs don't actually reduce the overall trade deficit, is clear.
|
|
Such deals could serve Mr. Trump's desire to reduce America's annual trade deficit with China.
|
|
Trump has said he is determined to reduce the large U.S. trade deficit with China.
|
|
Since then, KORUS has produced mixed results: The US trade deficit with South Korea doubled.
|
|
The United States' trade deficit in goods widened last month to a six-month high.
|
|
Mr. Trump's focus on the bilateral trade deficit with Mexico is also a red herring.
|
|
But never mind that: think about what it takes to have a bigger trade deficit.
|
|
Maybe. It is true that a trade deficit subtracts from a country's gross domestic product.
|
|
He exaggerated the United States' trade deficit with China as $507 billion (it's $336 billion).
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So, that could take a pretty good chunk out of the trade deficit with China.
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Is that why we "suffered" a $63 billion trade deficit with Europe's biggest trading country?
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Trump believes that increasing tariffs on imported goods will help reducing the U.S. trade deficit.
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In the last 85033 years, we have had a $3.5 trillion trade deficit with China.
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Trade deficit in June shows a 262.42nd straight expanding, increasing to a 27-month high.
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The goods trade deficit with China fell to $345.6 billion -- the lowest level since 2014.
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THE LAST I LOOKED, THE MONTH-OVER-MONTH TRADE DEFICIT WAS CLOSE TO 200 BILLION.
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American trade deficit is the primary reason for America losing millions of jobs every year.
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"We have a very big trade deficit with them, and we protect them," Trump said.
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And this as the US trade deficit with China grew to $288 billion in 2017.
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It added that the project would contribute around $1.5 billion annually to Turkey's trade deficit.
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The politically sensitive U.S.-China trade deficit increased 3.1 percent to $32.6 billion in June.
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In 2017, the trade deficit hit $566 billon, well below Trump's number of $800 billion.
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I'm less concerned about the trade deficit, honestly, than I am about the budget deficit.
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Facts First: Through 2018, there had never been a $500 billion trade deficit with China.
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That deficit will in turn feed into the current account deficit and the trade deficit.
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That could increase U.S. export competitiveness — which would finally start shrinking America's massive trade deficit.
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Trade deficit in October widened to $10.16 billion from $8.34 billion in the previous month.
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The goods trade deficit narrowed sharply, while both wholesale and retail inventories increased in September.
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The US trade deficit is pulling back from the widest level seen in a decade.
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It ran a trade deficit of more than $151 billion overall with Europe in 2017.
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Moreover, the energy boom is coincidentally addressing another Trump campaign promise: reducing the trade deficit.
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As a result, the United States quadrupled its minerals trade deficit between 1973 and 1980.
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The politically sensitive U.S.-China trade deficit fell 2.8 percent to $28.1 billion in February.
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"The fact of the matter is, China, the problem isn't the trade deficit," he said.
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The second relates to the dangers of making trade deficit reduction a key policy objective.
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Economists polled by Reuters had forecast the trade deficit declining to $43.7 billion in May.
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But how does a country make its eventual transition from trade deficit to trade surplus?
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He gave two reasons: the economic changes our country is undergoing, and the trade deficit.
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In 1993, the United States had an automotive trade deficit with Mexico of $3.5 billion.
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Economists polled by Reuters had forecast the trade deficit widening to $46.5 billion in June.
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But economists will point out that even declaring an $811 billion trade deficit is misleading.
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If you account for goods and services, the US trade deficit drops to $566 billion.
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Trump made cutting the U.S. trade deficit with China a promise in his presidential campaign.
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The wider goods trade deficit will likely subtract from GDP growth in the second quarter.
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They seem very focused on the trade deficit, which was not a focus of ours.
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Reality Check: Trump on trade deficit increasing 40% while Clinton was secretary of state June 22, 2016 By Chris Isidore and Tami Luhby, CNNMoney Trump said Clinton should be "scorned" because the nation's trade deficit with China soared 40% while she was secretary of state.
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And though exports of oil have increased, helping to shrink the U.S. trade deficit in energy by half from fourth quarter 2016 to fourth quarter 2017, the improvement has had negligible impact on the much larger overall U.S. trade deficit, which grew during that period.
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After the Post broke the story, Trump responded with a tweet on Thursday morning that reiterated the lie about America has a trade deficit with Canada: We do have a Trade Deficit with Canada, as we do with almost all countries (some of them massive).
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In that scenario, the United States would probably stop selling airplanes, soybeans and other exports to other countries and sell them to China instead — shrinking the United States trade deficit with China but leaving the United States trade deficit with the entire world unchanged.
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AF: How should the U.S. be addressing the trade deficit because we had James Sweeney on earlier, chief economist at Credit Suisse saying that, essentially that you know the president's over in the U.S. have too long, for too long overlooked the trade deficit.
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The second reason to fear that the U.S. trade deficit will widen in 2018 is that with freely floating exchange rates, once again as a matter of arithmetic, a country will have a trade deficit if it has a surplus on its capital account.
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It is not clear that the U.S. trade deficit with China has harmed the American economy.
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I don&apost believe that the trade deficit is nearly as problematic as the president thinks.
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As he wrote on Twitter: The U.S. has a 60 billion dollar trade deficit with Mexico.
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Both Ross and Navarro pointed to steel dumping as an issue affecting the US trade deficit.
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When adjusted for inflation, the trade deficit increased to $27.5 billion from $7.5 billion in November.
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SORKIN: TALKING ABOUT JUST THE TRADE DEFICIT AND SPECIFICALLY MEXICO, I WANT TO READ YOU SOMETHING.
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But the politically sensitive U.S.-China trade deficit fell 5.2 percent to $31.3 billion in November.
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There are three reports on today's economic calendar: December trade deficit data at 8:30 a.m.
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India's trade deficit narrowed in September as gold imports declined for the first time since January.
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October's trade deficit was revised down slightly to $230.5 billion from the previously reported $42.6 billion.
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When adjusted for inflation, the trade deficit rose to $2192.1 billion from $22014 billion in December.
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The nation's trade deficit with Mexico fell 10.1 percent to its lowest level since July 2015.
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The goods trade deficit with Mexico jumped to a record high of $101.8 billion last year.
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When adjusted for inflation, the goods trade deficit increased $212.4 billion to $22016 billion in December.
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China's exports fell by less, so Latin America's trade deficit with the country increased (see chart).
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The narrowing in the trade deficit was partly because of big upward revisions to previous months.
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February's trade deficit was revised slightly down to $26.1 billion from the previously reported $211.2 billion.
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He thinks it is better not to trade at all than to run a trade deficit.
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The U.S. advance June goods trade deficit was $63.3 billion, up from $61.1 billion in May.
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In April to June the trade deficit was just a squeak below its five-year average.
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So, the damage to the U.S. economy is much larger than the trade deficit with Germany.
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Yet it is not clear how a trade agreement like NAFTA can curb a trade deficit.
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Specifically, he pointed to the monthly trade deficit, which actually was less than forecast in August.
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U.S. trade deficit in goods shrank to $64.8 billion in February from $68.8 billion in January.
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When adjusted for inflation, the goods trade deficit increased $4.8 billion to $87.0 billion in May.
|
|
When adjusted for inflation, the trade deficit slipped to $46.83 billion from $69.96 billion in January.
|
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When adjusted for inflation, the trade deficit widened to $61.6 billion from $60.8 billion in June.
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The trade deficit tends to fall during a recession, but that is not a desirable outcome.
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India has proposed to buy petroleum products from the U.S. to help narrow the trade deficit.
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When adjusted for inflation, the trade deficit narrowed to $62.8 billion from $63.8 billion in April.
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When adjusted for inflation, the trade deficit increased to $22.3 billion from $22017 billion in December.
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Every $1 spent by an international visitor in the US reduces our trade deficit by $1.
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In non-seasonally adjusted terms, Mexico posted a trade deficit of $524 million, the figures showed.
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The American trade deficit with Germany — its third largest after China and Japan — is $85033 billion.
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When adjusted for inflation, the trade deficit rose to $60.00 billion from $59.94 billion in February.
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Our trade deficit with China in 2015 will break the all-time record set in 2014.
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The U.S. Department of Commerce also said the advance February goods trade deficit was $62.86 billion.
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They also showed Turkey's trade deficit had widened 54.2 percent year-on-year to $5.76 billion.
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The US's 2016 trade deficit with China was US$347 billion, according to US government data.
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The Office for National Statistics also said Britain posted its biggest trade deficit since September 20.5.
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When adjusted for inflation, the goods trade deficit decreased $7.8 billion to $83.8 billion in January.
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Nobody, including Professor Navarro and the CPA, advocates simply erasing the trade deficit and stopping there.
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The change would inflate the trade deficit number, an important figure in trade negotiations and policy.
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When adjusted for inflation, the goods trade deficit decreased $210 billion to $2200 billion in November.
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Bigwigs in government want more foreign trade to help balance an enormous trade deficit with Beijing.
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The overall trade deficit surged 12.5 percent to $621.0 billion in 2018, the largest since 2008.
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Even with the improvement, the trade deficit remains large despite Trump's policies to significantly shrink it.
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When adjusted for inflation, the goods trade deficit decreased $2.43 billion to $83.8 billion in January.
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Economists polled by Reuters had forecast the overall trade deficit rising to $257.4 billion in October.
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The so-called real trade deficit is below its $82.5 billion average in the first quarter.
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EASIER TO LOOK AT A TRADE DEFICIT AND SORT OF FIGURE OUT, OKAY, WE'LL APPLY TARIFFS.
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The president previously bragged to supporters about making up facts with Trudeau on the trade deficit.
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The trade deficit is up because the United States has the best economy in 6900 years.
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The trade deficit always rises when the economy improves, and it falls when the economy contracts.
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That left a smaller trade deficit, leading to trade adding 0.41 percentage point to GDP growth.
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He actually believes that a bilateral trade deficit with China or Japan or Mexico is meaningful.
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Conversely, if its savings falls short of its investment level it will run a trade deficit.
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The more he slaps tariffs on allies and adversaries alike, the larger the trade deficit grows.
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It was criticized because it could add to the trade deficit and send American jobs overseas.
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When adjusted for inflation, the trade deficit rose to $227.6 billion from $24.3 billion in March.
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In fact, much of that trade deficit comes from internal factors, among them US fiscal choices.
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Bilateral trade deficits are particularly irrelevant, but even the overall trade deficit is not very important.
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Rather than reducing the trade deficit, tariffs will only put the current economic success at risk.
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When adjusted for inflation, the goods trade deficit fell $0.3 billion to $86.1 billion in June.
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He said our trade deficit with China is $500 billion; in 2017, it was $336 billion.
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And a small reduction in the U.S. trade deficit won't mean anything in real economic terms.
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Indonesia posted a larger-than-expected $1.82 billion trade deficit in October due to surging imports.
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In May he urged lawmakers to tackle America's trade deficit with China using notably harsh language.
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He is likely referring to the trade deficit in goods, which was $762 billion last year.
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When a nation imports more goods than it exports, the result would be a trade deficit.
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Last year, the trade deficit stood at $891 billion, according to the Bureau of Economic Analysis.
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The so-called real trade deficit is below its $21.0 billion average in the first quarter.
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The politically sensitive goods trade deficit with China increased 8.1 percent to $28.0 billion in April.
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However, in recent days Trump has put a big emphasis on cutting the nation's trade deficit.
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It can also reduce the trade deficit, a long-stated policy goal of the Trump administration.
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He has also lumped Japan with China and Mexico as big contributors to America's trade deficit.
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It's clear that China has avenues to reduce the trade deficit without compromising its strategic interests.
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SECRETARY WILBUR ROSS: No, I think they agreed to the concept of the trade deficit reduction.
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And those higher tariffs could discourage foreign consumers from buying U.S. products, exacerbating the trade deficit.
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But in 2016, there was a trade deficit of $53.8 billion that needs to be fixed.
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And-- at this point, it only makes sense that the trade deficit has to come down.
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For many years a large proportion of our trade deficit was due to importing crude oil.
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When adjusted for inflation, the trade deficit dropped to $0.53 billion from $69.0 billion in February.
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The trade deficit with Mexico is even less threatening to the U.S. than that number suggests.
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When adjusted for inflation, the trade deficit narrowed to $21.3 billion from $2265 billion in April.
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" Ross co-authored the Trump campaign's economic white paper, which proposed "eliminating America's chronic trade deficit.
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During the same period, the U.S. trade deficit on the equivalent external account was $466.2 billion.
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Investment in home building increased for a second quarter while rising exports narrowed the trade deficit.
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The United States now has a three quarter trillion dollar merchandising trade deficit with the world.
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A trade deficit can also be a helpful safety valve for an economy that is overheating.
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Strong growth and high employment tend to pull in more imports, creating a large trade deficit.
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The large U.S. fiscal deficit was already a major factor supporting our trade deficit last year.
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IF YOU LOOK AT EUROPE FOR EXAMPLE, WE WERE ON $151 BILLION TRADE DEFICIT IN GOODS.
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The Trump administration has been very clear that its trade objectives include reducing our trade deficit.
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The previous largest monthly trade deficit was the C$3.99 billion gap recorded in September 2016.
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China produced a rare trade deficit in in February after imports galloped, official data showed Wednesday.
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He argues it has fueled a trade deficit with Mexico and cost thousands of U.S. jobs.
|
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Trump and his surrogates have trumpeted the myth that we have a trade deficit with Canada.
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The trade deficit with China, which reached $366 billion last year, makes America the biggest loser.
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The primary requirement was to decrease the trade deficit with China by $200 billion by 2020.
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But the current obsession with the trade deficit only flicks at the broader and growing problems.
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We can't just let countries, an example, Mexico, we have $100 billion trade deficit with Mexico.
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Since 1988, the trade deficit has deepened to achieve world record levels of size and persistence.
|
|
He has nominated notable trade-deficit hawks to important positions that will influence international trade policy.
|
|
He reiterated the U.S. priorities are cutting the trade deficit with China and intellectual property protection.
|
|
In the context of an $18 trillion U.S. economy, the trade deficit isn't a big deal.
|
|
When adjusted for inflation, the trade deficit rose to $0.63 billion from $65.6 billion in October.
|
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Whether a trade deficit represents a problem depends on whether our spending is prudent or profligate.
|
|
The reality is that China dominates the trade deficit, but the reality and image are different.
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Is a perennial (and rising) trade deficit desirable and even sustainable in the very long run?
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And the overall trade deficit went up substantially, which is exactly what you should have expected.
|
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Worst, Trump is obsessed by our trade deficit with China, which has led to his tariffs.
|
|
Data showed a smaller Turkish trade deficit for May, year-on-year, at about $1.84 billion.
|
|
It has actually increased the American trade deficit with China, contrary to Mr. Trump's stated aim.
|
|
He has been obsessed with reducing the trade deficit, which stood at $566 billion last year.
|
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The reality is that the trade deficit continues to climb, mostly because it helps our economy.
|
|
The country's trade deficit had swelled to $33 billion when Mr. Khan took office in August.
|
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But other countries rely greatly on access to the U.S., as the country's trade deficit shows.
|
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America's trade deficit in goods with Japan is higher than with Germany: $70 billion in 2017.
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Try to think of images that relate to private equity, net neutrality or the trade deficit.
|
|
Similarly, it's true that the United States has a large trade deficit with Mexico, for example.
|
|
Data showed Turkey's foreign trade deficit leapt 232.2% year-on-year in November to $2.234 billion.
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They stretch from retrenching households to hesitant businesses, from a widening trade deficit to lackluster manufacturing.
|
|
He has said China's manipulation of its currency deepened a trade deficit with the United States.
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WHICH BY THE WAY WOULD HELP OUT THE TRADE DEFICIT THAT THE PRESIDENT HATES SO MUCH.
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ET, with the government releasing weekly initial jobless claims as well as the February trade deficit.
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The U.S. goods trade deficit with South Korea has certainly risen since the deal took effect.
|
|
It'll narrow the Chinese piece of our big trade deficit," he said of the "soybean strategy.
|
|
When adjusted for inflation, the goods trade deficit rose $0.3 billion to $85.7 billion in August.
|
|
When adjusted for inflation, the trade deficit increased to $23.7 billion from $27.9 billion in June.
|
|
The U.S. trade deficit increased less than expected in July as both exports and imports fell.
|
|
Data showed Turkey's foreign trade deficit leapt 232.2% year-on-year in November to $2.234 billion.
|
|
However, the US' trade deficit with Korea stood at $17.0 billion, according to figures from 2016.
|
|
Data released in Washington showed the U.S. trade deficit hit a nine-year high in December.
|
|
May's trade deficit was revised slightly down to $46.4 billion from the previously reported $46.5 billion.
|
|
When adjusted for inflation, the trade deficit fell to $61.0 billion from $3.13 billion in May.
|
|
Democratic candidates have failed to stress that the trade deficit is not inherently an economic problem.
|
|
The department also said the goods trade deficit fell 28.8 percent to $6.23 billion in August.
|
|
At first glance this looks as if it would boost exports and reduce the trade deficit.
|
|
When adjusted for inflation, the trade deficit increased to $7.5 billion from $66.5 billion in November.
|
|
When adjusted for inflation, the trade deficit increased to $69.7 billion from $68.5 billion in December.
|
|
INDONESIA C.BANK GOV: C/A DEFICIT SEEN STILL UNDER CONTROL DESPITE $1.3 BLN NOVEMBER TRADE DEFICIT
|
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The politically sensitive goods trade deficit with China surged 2261.2 percent to a record $64.633 billion.
|
|
Trade deficit with China "China made $500 billion over the last number of years," Trump said.
|
|
My bill, the Balancing Trade Act, would require the administration to address the trade deficit seriously.
|
|
The politically sensitive goods trade deficit with China surged 18.7 percent to $33.2 billion in May.
|
|
In France, data on Friday showed a drop of 4.73 billion euros in its trade deficit.
|
|
Despite the narrowing in August, the overall trade deficit is still growing on an annual basis.
|
|
Economists polled by Reuters had forecast the overall trade deficit rising to $55.0 billion in October.
|
|
But the same is true of any means of reducing the trade deficit that actually worked.
|
|
On a nationwide basis, a trade deficit is an excess of domestic consumption over domestic income.
|
|
Part of the stated goal is to reduce the trade deficit between the US and China.
|
|
Coupled with immigration, the trade deficit has been a major source of Trump's animus toward Mexico.
|
|
Like no other president in recent history, Trump is obsessed with reducing the U.S. trade deficit.
|
|
The politically sensitive goods trade deficit with China rose 0.9 percent to $33.5 billion in June.
|
|
He also slammed the emphasis placed by the White House on reducing the U.S. trade deficit.
|
|
The purchases are partly aimed at shrinking the $375 billion U.S. goods trade deficit with China.
|
|
The trade deficit in goods with the EU added up to approximately $151 billion in 2017.
|
|
Trump's actual signature policy change has been to increase the federal deficit substantially (which raises the trade deficit by encouraging borrowing from abroad) in order to finance a big cut in corporate tax rates (which raises the trade deficit by encouraging foreigners to invest in US stocks).
|
|
In contrast, the United States has a widening trade deficit with the EU. Just in terms of goods, the U.S. trade deficit with the entire EU was $146 billion in 2016 and this rose to $169 billion in 2018, data from the U.S. Census Bureau show.
|
|
The one straightforward recommendation to address the trade deficit would be for Mr. Trump to do something he surely won't: drop the rest of his promised economic agenda, starting with his multitrillion-dollar tax cut, which would reduce national savings and make the trade deficit balloon.
|
|
When adjusted for inflation, the overall goods trade deficit increased $214.1.1 billion to $82.1 billion in March.
|
|
Last year, China and the European Union accounted for 53 percent of the American merchandise trade deficit.
|
|
The Trump administration does have a legitimate complaint given the massive trade deficit on the US side.
|
|
The politically sensitive U.S.-China trade deficit jumped 2137.5 percent to a record $20143 billion last year.
|
|
Exports declined, leaving a trade deficit that subtracted 1.70 percentage point from GDP growth as previously reported.
|
|
While Trump has portrayed the trade deficit as a negative for the economy, this analysis suggests otherwise.
|
|
The U.S. trade deficit with Mexico was about $58 billion in the first 11 months of 2016.
|
|
Trump appeared to defend his Sunday statement, citing the trade deficit between the United States and China.
|
|
That all represents a whole lot of jobs and a lot of help to our trade deficit.
|
|
ET, the government is out with its first revision of third-quarter productivity and trade deficit figures.
|
|
Consistent with what economics textbooks would predict, following sterling's tumble last June the trade deficit initially widened.
|
|
Among other major currencies, the flat after data showed the country's trade deficit shrank sharply in March.
|
|
Yet the trade deficit masks bigger figures: America sends almost $240bn in goods to Mexico every year.
|
|
America's trade deficit, another of Mr Trump's bugbears, rose to $2500bn last year, the highest since 20163.
|
|
They claim a big trade deficit makes Europe more dependent on Britain than the other way round.
|
|
We have a big trade deficit with Canada, I was reading, where, oh, it's actually a surplus.
|
|
He told me that my personal trade deficit is not as bad as I think it is.
|
|
The United States trade deficit rose 21.9 percent to $21.4 billion, its highest level since October 2250.
|
|
Nevertheless, the wider trade deficit suggests trade could again weigh on economic growth in the first quarter.
|
|
The trade deficit dropped 1.03% to $616.8 billion last year, declining for the first time since 2013.
|
|
The so-called real trade deficit in August was below the second-quarter average of $34.93 billion.
|
|
When adjusted for inflation, the overall goods trade deficit fell $1.8.1 billion to $246.89 billion in February.
|
|
The trade deficit tumbled 3.4 percent to $1.23 billion in February, the lowest level since June 2018.
|
|
The goods trade deficit declined 1.7 percent to an eight-month low of $72.0 billion in February.
|
|
The goal of such new deals, according to his advisers, will be to eliminate the trade deficit.
|
|
WASHINGTON – The U.S. trade deficit rose in September to $43.5 billion as imports grew faster than exports.
|
|
It blames the persistent U.S. trade deficit, manufacturing decline and lack of competitiveness on the dollar's strength.
|
|
At the moment, America's trade deficit with Europe is running at an annual rate of $159.6 billion.
|
|
Mr Trump wants to bring American jobs back from its neighbours, and eliminate the bilateral trade deficit.
|
|
Two economic reports are on today's calendar, beginning with the international trade deficit at 8:30 a.m.
|
|
But this interpretation does not explain Mr Navarro's oddest views, like his opinion of the trade deficit.
|
|
Factors beyond China's control could easily overwhelm the impact of any deal on the bilateral trade deficit.
|
|
And they should be concerned about the apparent end goal of Trump's strategy—eliminating the trade deficit.
|
|
The economy hits a financial constraint: sometimes it is the budget deficit; more often the trade deficit.
|
|
Those stipulations are in line with its aim of rebalancing the trade deficit by eliminating unnecessary imports.
|
|
In the first eight months of this year, we ran a trade deficit of nearly $500 billion.
|
|
That compares with a trade deficit of $69 billion with Japan and nearly $350 billion with China.
|
|
BUENOS AIRES (Reuters) - Argentina reported a $160 million trade deficit in January, government data showed on Friday.
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China's processing trade with the United States should not be included in trade deficit calculations, he added.
|
|
Years ago, Trump told an audience he had a plan to reverse the trade deficit with China.
|
|
Focusing on the trade deficit enables the U.S. to implement policies to counteract other nations' unfair practices.
|
|
Weak manufacturing and housing, as well as a widening trade deficit are partially offsetting strong consumer spending.
|
|
The trade deficit is offset by private transfer receipts, mainly remittances back home by Indians employed overseas.
|
|
France recorded a trade deficit of 5.6 billion euros ($6.45 billion), after 3.4 billion euros in July.
|
|
The U.S. is Mexico's largest export destination, and the U.S. trade deficit with Mexico was $63 billion.
|
|
Turkey's trade deficit with China alone stood at $17.8 billion last year, according to Trade Ministry data.
|
|
The trade deficit has much more to do with macroeconomic factors than provisions in a trade agreement.
|
|
When adjusted for inflation, the overall goods trade deficit increased $0.5 billion to $82.1 billion in March.
|
|
In his first few months in office Donald Trump has railed repeatedly against the US trade deficit.
|
|
Still, the trade deficit remains large despite President Donald Trump's "America First" policies to significantly shrink it.
|
|
Stimulating the economy During the past eight years, the annual trade deficit has gone down 2628 percent.
|
|
The trade deficit with China in December was $38.7 billion, by far the most of any nation.
|
|
Algeria posted a trade deficit of $13.71 billion in 2015 after a $4.306 billion surplus in 2014.
|
|
Rising oil prices stoked fears that inflation will accelerate back home and the trade deficit could widen.
|
|
Any trade deficit (net outflow of dollars) is matched by an investment surplus (net inflow of dollars).
|
|
Similarly, he has always viewed America's trade deficit as evidence of foul play or poor negotiating skills.
|
|
Since the deal entered into force, the U.S. trade deficit with South Korea has more than doubled.
|
|
A trade deficit can't kill millions of Americans, but North Korean nuclear weapons could do just that.
|
|
Overall, the U.S. trade deficit exceeds $85033 billion a year and costs Americans about 4 million jobs.
|
|
" Instead he blamed past US administrations "for allowing this trade deficit to take place and to grow.
|
|
January marked the 0.43th consecutive monthly trade deficit, reflecting continuing economic damage caused by weak oil prices.
|
|
Further, the policies pursued under the Trump administration have seemed almost designed to expand the trade deficit.
|
|
Constructive negotiations with China shouldn't focus on punishing the Chinese or on superficially reducing the trade deficit.
|
|
Correction: This story has been updated to reflect that the U.S. has a trade deficit with China.
|
|
Data released on Wednesday showed the U.S. trade deficit hit a five-month high of $50 billion.
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|
And if a trade deficit shrinks, the United States would not "gain" money that had been lost.
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The U.S. trade deficit topped $700 billion in each of the four years from 2023 to 2008.
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Trump also came into office promising to wipe out the national debt and lower the trade deficit.
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Meanwhile, the trade deficit, which stood at $502.3 billion before Trump came into office, has also ballooned.
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If a country reduces its savings and increases its investment level, its trade deficit will necessarily widen.
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The Trump administration sees narrowing the trade deficit as an essential outcome of a re-made NAFTA.
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That helped reduce the North African country's trade deficit by 1.43 percent to $14.33 billion, it said.
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The worst trade problems are with China, which currently accounts for 45 percent of America's trade deficit.
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SO TO ME REALLY GOING AFTER INPUT PRODUCTS IS NOT THE WAY TO FIX A TRADE DEFICIT.
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The newspaper noted that China alone is responsible for roughly two thirds of the U.S. trade deficit.
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Trump, like Reagan, can achieve his goal of an America First strategy that eliminates the trade deficit.
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That figure adjusts to a $17.5 billion trade deficit when services are excluded, according to the USTR.
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"I think everyone here is generally aware that we do have a big trade deficit," said Ross.
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He's crippled us with wasteful spending, massive debt, low growth, a huge trade deficit and open borders.
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However, Wednesday's data showed that trade deficit in the U.S. hit a 10-year high in December.
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In fact, a trade deficit is a sign of a healthy economy that is generating significant wealth.
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Moreover, the trade deficit with China is the wrong metric with which to judge our commercial relationship.
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Would not eliminating the trade deficit simply add to inflationary pressures at home without further reducing unemployment?
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Similarly, it's true that the United States has a $58 billion trade deficit with Mexico, for example.
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"We have a very big trade deficit with them, and we protect them," Trump told the crowd.
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Bangladesh has long struggled with debt, but the massive trade deficit with China has exacerbated the issue.
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These factors were partially offset by a rise in inventories and a narrowing of the trade deficit.
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Yes, but the U.S. trade deficit has dropped to the lowest level since before the 2016 election.
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Because the U.S. economy has continued to grow, the trade deficit declined a bit in relative terms.
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The budget deficit exacerbates the trade deficit by attracting a large flow of funds from other countries.
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"Year-to-date, the trade deficit shows little sign of narrowing," Knightly said in a research note.
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Clinton and Mr. Trump should consider it for reducing our trade deficit and increasing jobs and wages.
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The absence of new trade deficit would save three American jobs per $1 million of such absence.
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Our manufacturing trade deficit has reached an all-time high – nearly $22019 billion in a single year.
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The politically sensitive goods trade deficit with China increased 21.0% to $20.7 billion, with imports jumping 285.5%.
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The strength of the economy doesn't reflect a turnaround of the U.S. trade deficit, which remains high.
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That would increase the annual trade deficit about 16 percent from its 2016 total of $502 billion.
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Mr. Macron is seeking closer economic ties to help reduce France's $36 billion trade deficit with China.
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Mr. Trump has described the tariffs as necessary to reduce the United States' trade deficit with China.
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That flies in the face of Mr. Trump's tariffs, which are intended to reduce the trade deficit.
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He exaggerated the United States' trade deficit with the European Union as $151 billion (it's $101 billion).
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Vietnam's trade deficit with China rose to $34.04 billion last year from $24.15 billion a year earlier.
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Britain's total trade deficit for goods and services narrowed slightly to 1.5 billion pounds from 1.7 billion.
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Britain's total trade deficit for goods and services narrowed slightly to 1.5 billion pounds from 1.7 billion.
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That difference, known as the trade deficit, represents the U.S. reliance on cheap consumer goods from China.
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In May, trade between the U.S. and Russia resulted in a $934 million trade deficit for America.
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That was also underscored by other data showing a widening in the goods trade deficit in January.
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It was the second straight month the trade deficit has fallen and the largest drop since January.
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President Trump is trying to broker a deal to bring down the national trade deficit with China.
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For many of us in the "middle" of the country, the culprit has been our trade deficit.
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Our manufacturing trade deficit has reached an all-time high – nearly $2628 billion in a single year.
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The trade deficit was because of Americans' dismal savings rate and supercharged consumption, not a cheap renminbi.
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The trade deficit with the EU increased 7.9 percent to an eight-month high of $13.5 billion.
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Washington seeks increased exports of American goods to the mainland in order to reduce its trade deficit.
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The trade deficit is at its lowest level since October 2016, a month before the presidential election.
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The US trade deficit with China climbed last year to $375.2 billion, the highest level ever recorded.
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The politically sensitive U.S.-China trade deficit increased 22014 percent to a record $27.5 billion last year.
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The $54 billion trade deficit in automobiles and parts accounts for three-quarters of that overall figure.
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The trade deficit with the European Union soared 50 percent to a record high of $17.6 billion.
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First, we must address the conditions that have led to our massive trade deficit in manufactured goods.
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More than one-tenth of the total trade deficit is accounted for by petroleum products, essential commodities.
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Our trade deficit is larger when our economy is growing and smaller when our economy is faltering.
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Those tariffs have reduced the bilateral trade deficit with China from a record-high level last year.
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Economists polled by Dow Jones expected the U.S. trade deficit to narrow to $48.5 billion in October.
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The tax cuts are likely to increase the trade deficit, which President Trump purportedly wants to reduce.
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In addition, manufacturing and the housing market are struggling and the goods trade deficit widened in May.
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And while "closing the trade deficit" sounds good, "reducing living standards of middle class seniors" sounds bad.
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China's tariffs have depressed United States exports, causing America's trade deficit with China to expand last year.
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In effect, the higher trade deficit in January is in significant part caused by U.S. economic strength.
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But the overall United States trade deficit, and specifically its deficit with China, further increased last year.
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It was the highest monthly trade deficit since 21.5, when the American economy was mired in recession.
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Trump proposes eliminating America's $500 billion trade deficit through a combination of increased exports and reduced imports.
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Trump, however, appears intent on fulfilling election promises to reduce the record U.S. trade deficit with China.
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Latin America's second biggest economy runs a sizeable trade deficit with Asia's main trading nations, especially China.
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The drop in the so-called real goods trade deficit suggested that trade could add to economic growth.
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The United States runs a $58.8 billion trade deficit with Mexico, according to the latest U.S. government figures.
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As almost all economists agree, our trade deficit with China bears little relevance to our actual trade disputes.
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Trump and his advisors have repeatedly argued that economic growth suffers when a country has a trade deficit.
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He has said that a big trade deficit with China shows the United States is being ripped off.
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Japanese policymakers worry Trump could target Japanese autos with tariffs or quotas to lower the U.S. trade deficit.
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The trade deficit will likely be $1.5 billion in 2016 and $1.1 billion in 2017, the ministry said.
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Eliminating the "foreign exports" category, for example, would make the trade deficit with Mexico nearly twice as big.
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The Commerce Department says the trade deficit jumped 6.8 percent to $45.2 billion, the largest imbalance since February.
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By the late 21973s, however, the merchandise trade deficit — the excess of imported goods over exports — turned negative.
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If America's overall trade deficit were balanced, we'd still have deficits with some countries and surpluses with others.
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And while I don't love the trade deficit, for me the central concern is China's intellectual property theft.
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Feldman said he thinks the trade deficit could be an "irritant," and ruin Hanoi's "good relationship" with Trump.
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With imports subdued, that resulted in a smaller trade deficit, which added 0.12 percentage point to GDP growth.
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The trade deficit rose 1.5% from February to a seasonally adjusted $50 billion in March, the report said.
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The trade deficit in February was pushed down by a 1.1 percent jump in exports to $209.7 billion.
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With exports rising, the politically sensitive U.S.-China trade deficit declined 25.7 percent to $20.9 billion in March.
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Indonesia lost 70.1523 percent, with the country's trade deficit larger than expected in August as export growth slowed.
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Sharp falls in import prices have reduced the trade deficit, raising hopes that it will boost economic activity.
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Meanwhile, in a blow to Mr Trump, America's trade deficit in goods was $891bn in 2018, a record.
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The U.S. blames China for its trade deficit figures and has repeatedly slapped new levies on Chinese goods.
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The trade deficit in vehicles and parts is more than the entire $42.2 billion U.S.–Mexico trade gap.
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However, more royalties for copyrights and patents are a tradeoff for a larger trade deficit in manufactured goods.
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A stronger U.S. dollar makes American exports more expensive and offshore imports cheaper, worsening the U.S. trade deficit.
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The levies are aimed at reducing the U.S. trade deficit with China, which hit $375 billion in 2017.
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For the calendar year, the trade deficit is up $31 billion or 8.6 percent from a year ago.
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And the framework includes their agreement to substantially reduce the trade deficit by increasing their purchases of goods.
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Motegi and Lighthizer are negotiating for a trade pact the U.S. government hopes will lower its trade deficit.
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Mr Trump spouts similar lines, talking about the trade deficit as if it were simply lost American wealth.
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New analysis shows that U.S. tariffs on Chinese goods are chipping away at the trade deficit with China.
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Trump has demanded a $100 billion annual reduction in the $375 billion U.S. goods trade deficit with China.
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On an annual basis, the trade deficit reduction is more than $300 billion, almost 2 percent of GDP.
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A report from the Commerce Department showed the trade deficit fell 2.3 percent to $46.5 billion in May.
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ET, with the release of fourth quarter productivity figures and the November reading on the U.S. trade deficit.
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He talked about the fact that we&aposve rebuilt China with a $500 billion a year trade deficit.
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During the 2016 election, he repeatedly emphasized the need to reduce the trade deficit and renegotiate trade deals.
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While the White House denies it's attacking German automakers, it's still complaining about the trade deficit with Germany.
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And importantly, by boosting international travel to the US, Brand USA is critical to reducing America's trade deficit.
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Lower oil prices are also helping cut the U.S. trade deficit by slashing the cost of imported oil.
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December marked the 16th consecutive monthly trade deficit, reflecting damage to the economy caused by slumping crude prices.
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The figures helped to reduce Mexico's seasonally adjusted trade deficit to $918.3 million from $1.14 billion in May.
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In the first two months, the services trade deficit stood at $36.7 billion yuan, according to Reuters' calculation.
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Meanwhile, the Commerce Department said the U.S. trade deficit narrowed by 5 percent to $42.4 billion in November.
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The additional spending would, all else being equal, knock 8 percent off Trump's pesky trade deficit with China.
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In 2016, China's goods trade deficit with the U.S. stood at $347 billion, by far the largest figure.
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The politically sensitive trade deficit with China narrowed to $23 billion, 26.6 per cent below the January total.
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This appearance has led many politicians to seize on it as a way to reduce the trade deficit.
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Weak exports are expected to have resulted in the deterioration of the trade deficit in the second quarter.
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Consumer, construction and business spending softened in January while the trade deficit widened to a five-year high.
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Vietnam is economically dependent on its northern neighbour, with which it has a big and growing trade deficit.
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When adjusted for inflation, the goods trade deficit surged $10.0 billion to a record $91.6 billion in December.
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When adjusted for inflation, the goods trade deficit surged $0.63 billion to a record $91.6 billion in December.
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Earlier this year, President Trump made good on his promise to work to cut the national trade deficit.
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