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Indonesia plans to reduce or eliminate its trade surplus with the U.S., finance minister Sri Mulyani Indrawati said.
That the US has a trade deficit is not a sign that the rest of the world is “ripping it off”. It is a reflection of an affluent society with relatively high wages buying products from countries that ...
The US runs a huge surplus in services, which helps explain why they weren't subject to President Donald Trump's tariffs.
The Trump admin and critics alike seem unaware of a key mechanism that governs the magnitude of a trade balance.
Exports to the US are a contentious issue for President Trump and Japanese negotiators are in Washington to argue their case ...
President Donald Trump is a vocal opponent of the U.S. trade deficit and he believes tariffs are the method to reducing it; ...
Finance Ministry data released Thursday paints a complex picture of Japan's trade dynamics against a backdrop of global ...
The world’s two biggest economies are headed for a divorce that will likely play out for the rest of this year and beyond, ...
The connections among the many moving parts of the economy are such that pulling the tariff lever to cut imports is more ...
“On the face of it, this definition has no economic validity ... Why are small, poor countries likely to have a trade surplus ...
The last month that the U.S. enjoyed a trade surplus with China, “Rock Me Amadeus” topped the Billboard Hot 100, Geraldo Rivera found some empty bottles in Al Capone’s vault, and Halley’s ...
Japan's trade surplus with the United States was $68 billion in 2024, so even massively increasing imports of U.S. crude would only have a small impact. What about doing the same with LNG?