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#tradedeficit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #tradedeficit, aggregated by home.social.

  1. South Korea’s exports surged 14.9% year-on-year in the first 20 days of January, led by a 70.2% jump in semiconductor shipments, while the trade balance posted a $600 million deficit as imports declined 4.2%.
    #YonhapInfomax #Exports #Semiconductors #TradeDeficit #KoreaCustomsService #ChinaExports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  2. South Korea’s exports surged 14.9% year-on-year in the first 20 days of January, led by a 70.2% jump in semiconductor shipments, while the trade balance posted a $600 million deficit as imports declined 4.2%.
    #YonhapInfomax #Exports #Semiconductors #TradeDeficit #KoreaCustomsService #ChinaExports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  3. South Korea’s exports surged 14.9% year-on-year in the first 20 days of January, led by a 70.2% jump in semiconductor shipments, while the trade balance posted a $600 million deficit as imports declined 4.2%.
    #YonhapInfomax #Exports #Semiconductors #TradeDeficit #KoreaCustomsService #ChinaExports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  4. South Korea’s exports surged 14.9% year-on-year in the first 20 days of January, led by a 70.2% jump in semiconductor shipments, while the trade balance posted a $600 million deficit as imports declined 4.2%.
    #YonhapInfomax #Exports #Semiconductors #TradeDeficit #KoreaCustomsService #ChinaExports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  5. US Commerce Secretary Lutnik predicts dozens of trade agreements within a month, emphasizes 10% tariff as best-case scenario for fair trade partners, and highlights Treasury Secretary's role in easing tensions with China.
    #YonhapInfomax #USTariffs #TradeAgreements #ChinaTrade #TreasurySecretary #TradeDeficit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  6. "Since the Seventies, America’s deficits have provided East Asia (first Japan, then China) and Europe (primarily Germany) the demand for their factories’ manufactures. In return, the European Union, Japan and later China sent their accumulated profits to Wall Street to be recycled into US private and public debt, some equities, and real estate. A Chinese official once described this mechanism to me as a “dark deal”. “Our Dark Deal with the Americans,” the official explained, “turns on the US trade deficit, which keeps demand for our manufactures high. In return, our capitalists invest the bulk of their dollar superprofits into America’s FIRE”. (The acronym stands for “Finance, Insurance, and Real Estate.”) “Once this process got underway, America shifted much of its industrial production to our shores.”

    The problem with this global recycling mechanism was that, to function smoothly, it had to generate larger and larger imbalances: greater trade deficits for the US and more accumulated savings for Northern Europe and East Asia. But there are limits to how large imbalances can grow. Ruptures are inevitable. The longer they are delayed, the greater the pain they inflict — a truth that centrists never acknowledged, not even when it was tearing down their houses.

    Trump’s greatest strength comes from asking the pressing question that the centrists refuse to countenance: what comes after the Dark Deal? What comes after the imbalances built on the US trade deficit have proven unsustainably massive? Scott Bessent, Trump’s Treasury Secretary, put it succinctly in a recent speech at the IMF: “Everywhere we look across the international economic system today, we see imbalance… This status quo of large and persistent imbalances is not sustainable… The persistent over-reliance on the United States for demand is resulting in an evermore unbalanced global economy.”"

    unherd.com/2025/05/the-centris

    #Centrism #Liberalism #USA #Trump #FreeTrade #PoliticalEconomy #TradeDeficit #PublicDebt

  7. “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