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Evil Twins: US Federal Budget Deficits and US Trade
Ludwig von Mises Institute· 7 hours agoHow Do Federal Budget Deficits Arise? Annual federal budget deficits exist whenever federal spending exceeds annual tax revenue. The US has consistently...
Global debt surges to new record high in blow for world economy
The Telegraph via Yahoo Finance· 2 hours agoGlobal debt has surged to a record high of $315 trillion (£250 trillion) as China and India...
US-Mexico trade tops $200B in first quarter of 2024
FreightWaves via Yahoo Finance· 7 hours agoU.S. trade with Mexico totaled $200 billion in the first quarter, led by shipments of vehicles, auto parts, gasoline and computers. The post US-Mexico ...
US trade gap wider than anticipated in March
AFP via Yahoo Finance· 5 days agoThe US trade deficit was wider than analysts anticipated in March -- hovering close to the biggest in nearly a year -- with exports and imports both...
EU Says Ready to Use All Trade Tools to Defend Against China
Bloomberg via Yahoo News· 1 day ago(Bloomberg) -- The European Union is prepared to deploy all the tools available to defend its...
Macron Seeks to Charm China's Xi Jinping Into Trade Concessions in Pyrenees Jaunt
US News & World Report· 8 hours agoMacron and his wife, Brigitte, who greeted Xi and his wife, Peng Liyuan, at the Tarbes-Lourdes Pyrenees airport in windy, cold weather, took them to have lunch in the mountains dear to...
With lamb and cheese, Macron tries to charm China's Xi in the Pyrenees
Reuters· 3 hours agoChinese President Xi Jinping showed little sign of being ready to offer big concessions on trade or...
EU Ready To Protect Economy, Bloc Chief Tells China
International Business Times· 1 day agoEuropean Commission President Ursula von der Leyen said on Monday that the EU would not shrink back from taking tough measures to protect its economy and...
Xi Bristles at Criticism of China Over the War in Ukraine
New York Times· 1 day agoPresident Xi Jinping of China, on a two-day visit to France, spoke out firmly against criticism of...
When trade deficits matter
Politico· 4 days agoMarshall is pushing for a vote on his credit card swipe fee legislation as an amendment to the FAA reauthorization bill that Congress is debating, Eleanor Mueller reports. Marshall introduced ...