https://www.europesays.com/2045240/ US, India fast-track $500 bn trade deal as JD Vance visits amid global tariff unrest #BilateralTradeAgreement #EconomicCooperation #IndiaUsTradeRelations #JamesDavidVance #JdVance #ReciprocalTariff #TradeDeficit #TradeWar #USIndiaTradeNegotiations #USVicePresident JDVance #vance #VicePresident #VP
https://www.europesays.com/2038533/ Türkiye’s foreign trade gap sees moderate decline in March #exports #ForeignTrade #imports #TradeDeficit #Turkey #turkiye
“The exported goods are not paid for in gold, however, but are exchanged for a claim, which, even if it is paid for, remains a claim – the only difference being that it is no longer directed at a private entrepreneur, but at a bank. The buyer has exchanged the purchased goods for his bank claim in the case of direct payment.”
Joachim Nanninga, 2022 (in German) https://www.relevante-oekonomik.com/2022/03/02/der-stolperstein-der-zahlungsbilanz-kapitalexport-oder-kapitalimport-das-ist-hier-die-frage/
https://www.europesays.com/2011223/ ‘Mickey Mouse is smarter’: Economist Jeffrey Sachs mocks Donald Trump over tariff policy #DonaldTrump #economics #JeffreySachs #TariffPolicy #TradeDeficit #trump
@economics-that-works @economics 
"Because trading currencies to balance trade positions is so profitable, Wall Street has blocked every attempt by the American or any other administration to do anything about currency speculation."
"Trump and the financial markets: It could be quite simple": https://www.flassbeck-economics.com/trump-and-the-financial-markets-it-could-be-quite-simple/
https://www.europesays.com/2003657/ Japan logs trade deficit of 5,221 billion yen in FY 2024 #FinanceMinistry #FiscalYear #japan #trade #TradeDeficit
https://www.europesays.com/1995312/ EU plan to end Russian oil and gas imports due out in May #CrudeOil #CrudeOilPrice #DonaldTrump #EnergyTradeNegotiations #NaturalGas #OilPrice #petroleum #PhaseOutRussianFossilFuels #RussianGasImportsEU #TradeDeficit #U.S.LNGExportsToEurope
Larry Summers: “If China wants to sell us things at really low prices and the transaction is we get solar collectors or we get batteries that we can put in electric cars and we send them pieces of paper that we print. Do you think that’s a good deal for us or a bad deal for us?”
Who’s more “cheated”: the party doing the hard work of producing goods at very low prices on razor-thin margins, or the party that simply prints an infinite amount of fiat money to pay for all this stuff?
https://www.europesays.com/1987787/ Why Falling Oil Prices Are Not Always Good News #CrudeOil #CrudeOilPrice #EconomicRecession #EnergyInfrastructure #EnergyPolicy #EnergySector #NetExporter #OilExports #OilMarketAnalysis #OilPrice #OilPrices #petroleum #TradeDeficit #USEconomy
"In recent days, we have read numerous articles about a possible agreement between the US administration and its main trading partners to devalue the US dollar. It has been named “The Mar-A-Lago Accord”, a concept inspired by the Plaza Accord of 1985, which aimed to devalue the US dollar to address trade imbalances. That plan failed." https://mises.org/mises-wire/devaluing-us-dollar-how-make-america-poorer-again #devaluation #tradedeficit #economics #politics #usdollar #maralagoaccord
Explainer for USians. #TradeDeficit #profligateconsumption
You have been living beyond your means. Don’t blame the rest of the world, tax the billionaires.
“A country’s trade deficit (or more precisely, its current account deficit) does not indicate unfair trade practices by the surplus countries. It indicates something completely different. A current account deficit signifies that the deficit country is spending more than it is producing. Equivalently, it is saving less than it is investing.
“America’s trade deficit is a measure of the profligacy of America’s corporate ruling class, more specifically the result of chronically large budget deficits resulting from tax cuts for the rich combined with trillions of dollars wasted on useless wars. The deficits are not the perfidy of Canada, Mexico, and other countries that sell more to the US than the US sells to them…
…
“The budget deficit is not due to the salaries of civil servants, who are being wantonly fired, or due to the government’s R&D spending, on which our future prosperity depends, but rather due to the combination of tax cuts for the rich, and reckless spending on America’s perpetual wars, US funding for Israel’s non-stop wars, America’s 750 overseas military bases, the bloated CIA and other intelligence agencies, and interest payments on the soaring federal debt.”
#USTrade #TradeImbalance #USA #Tariffs #TrumpTariffs
#USPol #JohnMenadue #IndependentMedia
@AkaSci
do I have this right?
a #tradeDeficit is the amount we owe another country because we imported more value than we exported to them.
so it does nothing for the trade deficit. The #tariff tax money, paid by the american people, goes to trump cronies and #billionaires not to the countries that we owe.
this "tariff" idea is wrong on so many levels. and the pusillanimous representative wont even say a word because he will call them names.
#democracy is more than voting.
https://www.europesays.com/1943968/ Nepal’s trade deficit hits Rs 987 billion, driven by petroleum, smartphones, and electric vehicles – The Himalayan Times – Nepal’s No.1 English Daily Newspaper #CrudeOil #CrudeOilPrice #OilPrice #petroleum #TradeDeficit
Earlier this month, I had a chat with Edmonton based American expat author & journalist Debby Waldman. She has a mostly US audience and doesn’t often write about politics. So this was a chance to explain Canada/US tensions in a fresh way. https://debbywaldman.substack.com/p/mafioso-tactics-the-end-of-integrated?triedRedirect=true #cdnpoli #Trump #tariffs #Edmonton #yeg #TradeDeficit #ElbowsUp
"The US is one of the world’s richest economies, yet it also runs one of the largest trade deficits – a paradox that was similarly evident during the declining phase of British imperialism. The persistent US trade deficit is tied to two key developments in the post-World War II order which made this period and the US deficit quite distinct. First, in its effort to consolidate capitalism on a global scale, the US absorbed surplus production from Western Europe and Japan, helping to stabilize their economies while reinforcing its own economic hegemony. Second, to secure the dominance of the dollar as the world’s primary reserve currency, the US came to function as the global consumer of last resort – continuously importing goods and allowing dollars to circulate worldwide, thereby ensuring their availability for international trade. This structural role made trade deficits an integral part of American imperialism rather than a problem to be solved by protectionist measures like tariffs.
This historical context highlights the paradox at the heart of Trump’s tariff strategy: while the US trade deficit has long been a structural feature of its global dominance. Trump portrayed it not only as an economic weakness that needed urgent correction but also as a burden the nation has shouldered for the benefit of global economic stability. His administration framed the tariffs as a means of rectifying this imbalance to prioritize domestic prosperity. And so, during his first political campaign, Trump introduced the slogan MAGA and positioned tariffs as a central tool for addressing the trade deficit.
(...)
However, the Trump argument oversimplifies the economics of tariffs and contradicts historical evidence that tariffs is ineffective for reducing trade deficit."
https://socialistproject.ca/2025/03/canada-us-trade-war-reality-check/
In 2023, global trade deficits revealed deep economic imbalances. Leading the chart, the United States recorded a deficit of **$1.1 trillion , Even developed nations like Japan and France faced sector-specific trade imbalances.
To tackle these challenges, innovative trade strategies, sustainable resource management, and international collaboration are essential for fostering balanced global economic growth.
India's Trade Deficit: Challenges, Policies, and Global Comparisons
In 2023, India’s trade deficit hit $245.5 billion. Bold policies like Atmanirbhar Bharat and PLI schemes aim to strengthen manufacturing and exports. However, challenges remain—raw material imports, scaling production, and global competition.
What are your thoughts on sustainable strategies to tackle trade deficits? 
Read more - https://lnkd.in/gc_rvHB9
#TradeDeficit #Sustainability #SDGs #EconomicGrowth #GlobalTrade
https://www.europesays.com/1919353/ Fixed quota of US oil imports on cards as govt gears for trade pact negotiations #BilateralTradeAgreement #crude #CrudeOil #CrudeOilPrice #DonaldTrump #EnergyCargo #GTRI #lng #LNGFacilities #OilImport #OilImports #OilPrice #OilSupplies #petroleum #PetroleumAndNaturalGas #Quota #ReciprocalTariff #tariffs #TradeDeficit #TradeNegotiations #UsIndiaTrade #USIndiaTradeNegotiations #USOilImpost
Africa: South Africa's Trade Deficit Dilemma With China: [ISS] South Africa needs to benefit more from its active, albeit highly unequal, trading partnership with China. http://newsfeed.facilit8.network/TJLCB6 #SouthAfrica #China #TradeDeficit #Economy #TradePartnership
“Donald Trump also talked a big game on our #TradeDeficit w/ #China, but it is far lower under our watch than any year of his admin.
While he constantly got played by China, I will never hesitate to take swift & strong measures when China undermines the rules of the road at the expense of our #workers, our #communities & our companies, whether it’s flooding the market w/ inferior steel or…unfairly subsidizing #shipbuilding or hurting our #SmallBusinesses w/ #counterfeits.”
- MVP #KamalaHarris
