High tariffs drive China imports down to a 16-year low. But U.S. trade deficits are still as big as ever.
High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June —…
Tag: Deficits
Rising Fiscal Deficits Drive Billions Into Credit
Investors are showing signs of pulling money out of government bonds and plowing it into US and European company debt.…
Trump blasts trade deficits in goods as a big threat to the U.S. Why economists are dismayed.
With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1…
Senate Tax Bill Would Add $3.3 Trillion to US Deficits, CBO Says
The Senate version of President Donald Trump’s tax and spending measure would add nearly $3.3 trillion to US deficits over…
Colombia Suspends Fiscal Rule That Curbed Government Deficits
Colombia will activate the so-called escape clause that suspends its fiscal rule, Finance Minister German Avila told reporters in Bogota.…