trade deficit - Page 2

The strength of the U.S. consumer and American businesses drew in imports faster than exports to a weakening global economy.

Rocky financial markets, driven largely by Federal Reserve uncertainty and President Trump’s aggressive tariff negotiation strategy, shouldn’t overshadow two trade victories at the recent G20 Summit.

Fmr. Canadian Prime Minister Stephen Harper called on the West to to keep Chinese telecommunications company Huawei out of 5G networks.

The United States’ trade deficit with China has eliminated jobs for Americans in all 50 states and every congressional district, new research reveals.

President Donald Trump refuted European Council President Donald Tusk’s Tuesday slam about the number of America’s allies as Trump took off for this week’s NATO summit.

The United States trade deficit dropped in May to the lowest level in 19 months as exports rose to a record level. 

President Donald Trump hinted at the need for a “different structure” for a bilateral trade deal with China just one day after the Commerce Department’s Tuesday determination that China has been using Vietnam to circumvent anti-steel dumping measures.

U.S. trade negotiators will head back to China to work out details of an agreement between the two nations reached during continued trade negotiations this week resulted in a joint framework to reduce the U.S. trade deficit with China.

National Economic Council Director Larry Kudlow revealed to Breitbart News Saturday listeners on SiriusXM Patriot 125 that U.S.-China trade talks will continue in D.C. next Thursday and Friday with hope for a “good deal” and the possibility that stronger measures could be required if China does not permit that.

Five top Trump administration officials are returning from two days of trade meetings with officials in China, bringing with them the message that the administration needs to give “immediate attention” to changing the U.S.-China trade and investment relationship.

The United States’ trade deficit with China has eliminated at least 3.5 million American jobs since 2001, data reveals.

“We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S.,” President Trump wrote on Twitter on Wednesday.

The U.S. trade deficit rose to more than nine-year high in January, with the trade gap with China expanding rapidly, adding even more urgency to the case for “America First” trade policies.

Richard Nixon had “created a monster” by opening America and the West to China, said bestselling author and Asia expert Steven Mosher in a Wednesday interview on SiriusXM’s Breitbart News Tonight with Senior Editor-at-Large Rebecca Mansour.

Canada’s Prime Minister Justin Trudeau toured California tech communities last weekend to drum up “Resistance” to President Trump’s threat to dump the North American Free Trade Agreement (NAFTA).

America’s trade deficit is funding China’s military and infrastructure developments, said former Wall Street Journal editor and Asia expert Brett M. Decker on Thursday’s edition of SiriusXM’s Breitbart News Tonight.

Despite talk of “America First,” the Trump administration has failed to reduce our deficit in goods and services with the rest of the world.

Trumps comments on the dollar do not contradict Mnuchin’s. In fact, they reflect the same view that U.S. economy is picking up steam.

Axios’ Jonathan Swan reports on the increasing influence of President Trump’s trade negotiator Robert Lighthizer who is “increasingly winning internal arguments over the administration’s inevitable economic confrontation with China.”

President Donald Trump and Chinese President Xi Jinping announced over $250 billion in deals between American and Chinese companies on Thursday, an accomplishment hailed by Chinese Commerce Minister Zhong Shan as “truly a miracle.” Critics immediately began picking the deals apart as less than meets the eye.

The United States sells fewer goods and services than it buys from the likes of China and Mexico, and this is somehow evidence that Americans are just very wealthy.

Germany may be the worst actor on the international trade stage. Even worse than China.

In an interview with the Wall Street Journal published on Wednesday, President Trump elaborated on a Twitter comment that he offered Chinese President Xi Jinping a “far better” trade deal if China “solves the North Korean problem.”

The Trump administration has made the reduction of the trade deficit one of its central economic goals, describing our persistently large trade deficits as both an economic and security risk. February’s decline makes that goal easier to achieve.

Mexico’s central bank was forced to pledge up to 12 percent of the nation’s total foreign exchange reserves to prevent a disastrous run on the peso currency, which has already fallen by 20 percent since the U.S. elections on November 8.

A new study by the Economic Policy Institute (EPI) has found that California lost a net 589,100 jobs from 2001 to 2015, after China entered the World Trade Organization.

Max Ehrenfreund reports in The Washington Post that two economists have posited a theory that the U.S. trade imbalance with China and subsequent de-industrialization has had fatal consequences for American workers.

During the second presidential debate, Republican nominee Donald Trump said that America’s trade deficit in goods was nearly $800 billion last year.

YouTube stars Diamond and Silk endorsed Paul Nehlen in his August 9th primary election against House Speaker Paul Ryan.

The trade deficit increased because imports rose by $227.7 billion, while exports were up only $183.2 billion, with particularly sluggish oil and new-car exports. The trade gap with China hit its highest mark since last November, thanks to heavy imports of “Chinese-made computers, cell phones, and clothing,” per ABC News.

The U.S. trade deficit grew by 10.1 percent from April to May as U.S. exports declined and imports to the country grew.

Men supporting Donald Trump have reason to be mad as hell. The economy has turned against them, and policies advocated by Democrats and tolerated by mainstream Republicans make their circumstances worse.

There is much debate over the negative effects of massive trade deficits, and what the best strategy for correcting them might be, but it’s hard to deny the U.S. trade deficit with China is staggering in scale … and it got that

“The reason why Obamatrade became law is because of Ted Cruz,” said Donald Trump’s senior policy advisor Stephen Miller on Monday’s program of Breitbart News Daily. Miller — who had been working for Sen. Jeff Sessions at the time that