The White House’s trade agreements with Japan and the EU were in part designed with the intention of reducing the trade deficit with both of these trading partners — never mind that trade deficits are not inherently bad. The agreements also involve massive commitments from Japan and Europe to invest more in the U.S. Last
Investors’ fever dream could soon be over. Markets have been cast into the world of the bizarre over the last few weeks. An escalating trade war with China has led to a staggering 125% tariff on goods from one of America’s biggest trading partners. Most countries worldwide were — and may still be, come July
We got an early look at the balance of trade Thursday morning. Imports in February were more or less flat after surging in January, according to the U.S. Census Bureau. Meanwhile, exports picked up. All in all, the trade deficit shrank a little from the previous month. But that gap between imports and exports is just about the