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Trump's trade threat runs into inconvenient dollar truth
Trump's trade threat runs into inconvenient dollar truth: McGeever
President-elect Donald Trump's latest threat to slap huge tariffs on countries that try to move away from the "mighty U.S. dollar" inadvertently highlights the intractable contradiction at the heart of U.
Kremlin Says Trump Threat to BRICS Nations Over US Dollar Will Backfire
The Kremlin said on Monday that any U.S. attempt to compel countries to use the dollar would backfire after U.S. President-elect Donald Trump threatened to impose tariffs on BRICS countries if they created their own currency.
Trump ramped up his trade threats against a group of nations that are skeptical of the dollar. Here's what the US buys from the 9 countries at risk.
Trump threatened a 100% tariff on nine nations that make up BRICS, including Brazil, Russia, and India. It would impact many goods the US imports.
Brownfield Ag News
44m
U.S. trade deficit expected to grow
An ag economist says the USDA is forecasting that the United States’ already record trade deficit will grow even larger in ...
Opinion
1d
Opinion
We lost Trump’s first trade war. We’ll lose the next one, too. | Opinion
Trade wars are not easy to win, and they are darned near impossible to win for rich countries that export commodities. We ...
Opinion
Project Syndicate
1d
Opinion
America’s Trade Deficit Is Not Afraid of Donald Trump
Yanis Varoufakis shows why the incoming US administration can’t eliminate the negative balance – and wouldn’t even if it ...
24/7 Wall St
5d
These 5 Imports Are Causing 27% of America's Trade Deficit
The five products that account for 27.5% of America's trade deficit are pharmaceuticals, cars, car parts, oil, and computers.
7h
Why Mexico’s global trade sweet spot may turn sour
The last time Donald Trump was in the White House, Mexico’s economy did surprisingly well. The Spanish-speaking country, and ...
Investors Chronicle
5h
Why trade deficits are a sign of strength
The argument in favour of tariffs is that having a large trade deficit is bad. The logic being that if a country is importing lots of goods from abroad, that means it must also be exporting jobs to ...
3h
on MSN
Canadian minister says Trump was joking when he said Canada could become the 51st state
A Canadian minister who attended the Friday dinner between President-elect Donald Trump and Prime Minister Justin Trudeau ...
The Daily Star
1h
Current account deficit narrows in Jul-Oct
Bangladesh’s current account deficit narrowed 76.20 percent year-on-year to $752 million in the first four months of the ...
2d
Trump discussed border, trade with Canada's Trudeau after pledging steep tariffs
Trudeau paid an unannounced visit to Florida on Friday evening and had dinner with Trump at his Mar-a-Lago residence, days ...
13d
Japan records a trade deficit in October for a 4th straight month, despite export recovery
Japan racked up a trade deficit in October for the fourth month in a row, as a weak yen and rising energy prices kept import ...
13d
Expert Explains: Why India’s trade deficit is not necessarily a weakness
The deficit reflects not a weakness of Indian manufacturing but India’s relative strength in services and its attractiveness ...
Opinion
1d
on MSN
Opinion
What China can do to make the best of an escalating US trade war
President-elect Donald Trump has vowed to intensify the US trade war with China, calling for additional tariffs on Chinese ...
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