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#tradedeficits — Public Fediverse posts

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

  1. Fresh Setback for Trump’s Tariffs as He Threatens Europe With ‘Much Higher’ Levy

    A U.S. trade court has delivered another reversal to President Donald Trump’s plan for global 10% tariffs, at…
    #Europe #EU #DonaldTrump #EuropeanUnion #supremecourt #tradedeficits #U.S.CourtofInternationalTrade
    europesays.com/europe/35743/

  2. Trump’s 10% tariffs take effect, US to raise to 15% ‘where appropriate’

    President Trump’s new 10% global tariffs kicked in on Tuesday, as the fallout continues from the Supreme Court’s…
    #UnitedStates #US #USA #DonaldTrump #POTUS #presidentdonaldtrump #presidentoftheUnitedStates #presidenttrump #SupremeCourt #tradedeficits #trump
    europesays.com/2805349/

  3. Trump raises ‘global’ tariff to 15%; EU postpones vote on US deal

    The fallout continues from the Supreme Court’s ruling invalidating a broad swath of President Trump’s second-term tariff program,…
    #UnitedStates #US #USA #presidenttrump #tariffcodes #TheSupremeCourt #tradedeficits #trump #USCustomsandBorderProtection
    europesays.com/2800510/

  4. Trump tariffs panned by Bernanke, Yellen in Supreme Court filing

    (Bloomberg) — A slate of prominent economists from across the political spectrum, including former Federal Reserve Chairs Ben…
    #UnitedStates #US #USA #BenBernanke #bloomberg #DonaldTrump #globaleconomy #JanetYellen #SupremeCourt #tariffs #tradedeficits #trump
    europesays.com/2521163/

  5. Trump makes new tariff threats from the Philippines to Moldova as his trade letter tally reaches 21

    Donald Trump released another round of letters to trade partners Wednesday that didn’t include updates on negotiated deals…
    #Moldova #MD #Europe #Europa #EU #DonaldTrump #Philippines #tariffrates #tradedeficits #tradingpartners
    europesays.com/2231576/

  6. Trade deficits do not make a country poorer - by Noah Smith (2025-04-04)

    noahpinion.blog/p/trade-defici
    ———
    👍 An excellent read for a layperson like me:

    >> Trump’s view of trade deficits is based on two basic misunderstandings. The first is a simple accounting error. Trump’s advisors looked at the equation for GDP and noted that imports get subtracted from GDP. They didn’t understand that this is because imports also get added to consumption and investment, so you have to subtract them at the end in order to remove them from the number. The truth is that imports don’t affect GDP one way or another.

    >> Trump’s second misunderstanding is based on the idea that imports will be replaced 1-for-1 by domestic production — i.e., if you stop America from importing a washing machine, an American company will make one more … instead. That’s certainly one possible outcome, but it’s not the only one. American consumers could just go without one washing machine, making everyone poorer…

    #TradeDeficits

  7. Trade deficits do not make a country poorer - by Noah Smith (2025-04-04)

    noahpinion.blog/p/trade-defici
    ———
    👍 An excellent read for a layperson like me:

    >> Trump’s view of trade deficits is based on two basic misunderstandings. The first is a simple accounting error. Trump’s advisors looked at the equation for GDP and noted that imports get subtracted from GDP. They didn’t understand that this is because imports also get added to consumption and investment, so you have to subtract them at the end in order to remove them from the number. The truth is that imports don’t affect GDP one way or another.

    >> Trump’s second misunderstanding is based on the idea that imports will be replaced 1-for-1 by domestic production — i.e., if you stop America from importing a washing machine, an American company will make one more … instead. That’s certainly one possible outcome, but it’s not the only one. American consumers could just go without one washing machine, making everyone poorer…

    #TradeDeficits

  8. Trade deficits do not make a country poorer - by Noah Smith (2025-04-04)

    noahpinion.blog/p/trade-defici
    ———
    👍 An excellent read for a layperson like me:

    >> Trump’s view of trade deficits is based on two basic misunderstandings. The first is a simple accounting error. Trump’s advisors looked at the equation for GDP and noted that imports get subtracted from GDP. They didn’t understand that this is because imports also get added to consumption and investment, so you have to subtract them at the end in order to remove them from the number. The truth is that imports don’t affect GDP one way or another.

    >> Trump’s second misunderstanding is based on the idea that imports will be replaced 1-for-1 by domestic production — i.e., if you stop America from importing a washing machine, an American company will make one more … instead. That’s certainly one possible outcome, but it’s not the only one. American consumers could just go without one washing machine, making everyone poorer…

    #TradeDeficits

  9. In a revealing appearance, Donald Trump ignored pressing concerns for U.S. port workers as cargo shipments plummet due to his policies. Ignoring the job security fears of dockworkers and truck drivers, he touted his "beautiful tariffs" on China while showing a concerning disconnection from the industry's hardships. This episode highlights the vital need for leadership that listens to the everyday struggles of American labor. Read more here: crooksandliars.com/2025/05/tru #DonaldTrump #Tariffs #USports #Dockworkers #Truckdrivers #TradeDeficits

  10. In a revealing appearance, Donald Trump ignored pressing concerns for U.S. port workers as cargo shipments plummet due to his policies. Ignoring the job security fears of dockworkers and truck drivers, he touted his "beautiful tariffs" on China while showing a concerning disconnection from the industry's hardships. This episode highlights the vital need for leadership that listens to the everyday struggles of American labor. Read more here: crooksandliars.com/2025/05/tru #DonaldTrump #Tariffs #USports #Dockworkers #Truckdrivers #TradeDeficits

  11. In a revealing appearance, Donald Trump ignored pressing concerns for U.S. port workers as cargo shipments plummet due to his policies. Ignoring the job security fears of dockworkers and truck drivers, he touted his "beautiful tariffs" on China while showing a concerning disconnection from the industry's hardships. This episode highlights the vital need for leadership that listens to the everyday struggles of American labor. Read more here: crooksandliars.com/2025/05/tru #DonaldTrump #Tariffs #USports #Dockworkers #Truckdrivers #TradeDeficits

  12. “His claimed #emergency is a figment of his own imagination: #TradeDeficits, which have persisted for decades without causing economic harm, are not an emergency,” the suit says.

    “Nor do these trade deficits constitute an ‘unusual & extraordinary threat.’”

    The Liberty Justice Center noted that the #Trump admin imposed #tariffs even on countries with which the US does NOT have a trade deficit, “further undermining the administration’s justification.”

    #law #economy #AbuseOfPower #geopolitics

  13. “His claimed #emergency is a figment of his own imagination: #TradeDeficits, which have persisted for decades without causing economic harm, are not an emergency,” the suit says.

    “Nor do these trade deficits constitute an ‘unusual & extraordinary threat.’”

    The Liberty Justice Center noted that the #Trump admin imposed #tariffs even on countries with which the US does NOT have a trade deficit, “further undermining the administration’s justification.”

    #law #economy #AbuseOfPower #geopolitics

  14. “His claimed #emergency is a figment of his own imagination: #TradeDeficits, which have persisted for decades without causing economic harm, are not an emergency,” the suit says.

    “Nor do these trade deficits constitute an ‘unusual & extraordinary threat.’”

    The Liberty Justice Center noted that the #Trump admin imposed #tariffs even on countries with which the US does NOT have a trade deficit, “further undermining the administration’s justification.”

    #law #economy #AbuseOfPower #geopolitics

  15. “His claimed #emergency is a figment of his own imagination: #TradeDeficits, which have persisted for decades without causing economic harm, are not an emergency,” the suit says.

    “Nor do these trade deficits constitute an ‘unusual & extraordinary threat.’”

    The Liberty Justice Center noted that the #Trump admin imposed #tariffs even on countries with which the US does NOT have a trade deficit, “further undermining the administration’s justification.”

    #law #economy #AbuseOfPower #geopolitics

  16. “His claimed #emergency is a figment of his own imagination: #TradeDeficits, which have persisted for decades without causing economic harm, are not an emergency,” the suit says.

    “Nor do these trade deficits constitute an ‘unusual & extraordinary threat.’”

    The Liberty Justice Center noted that the #Trump admin imposed #tariffs even on countries with which the US does NOT have a trade deficit, “further undermining the administration’s justification.”

    #law #economy #AbuseOfPower #geopolitics

  17. #US #businesses sue to block #Trump #tariffs say #trade #deficits aren’t an “emergency” he is just declaring it one to sidestep #Congress.

    [We aren’t at war either but he invoked the AEA for the same reason]

    The lawsuit in the U.S. Court of #InternationalTrade alleges that Trump has illegally usurped Congress’ #power to levy tariffs.

    The suit said Trump’s claim that #TradeDeficits with other countries constitute an #emergency is baseless.

    #law #economy #geopolitics
    cnbc.com/2025/04/14/us-busines

  18. #US #businesses sue to block #Trump #tariffs say #trade #deficits aren’t an “emergency” he is just declaring it one to sidestep #Congress.

    [We aren’t at war either but he invoked the AEA for the same reason]

    The lawsuit in the U.S. Court of #InternationalTrade alleges that Trump has illegally usurped Congress’ #power to levy tariffs.

    The suit said Trump’s claim that #TradeDeficits with other countries constitute an #emergency is baseless.

    #law #economy #geopolitics
    cnbc.com/2025/04/14/us-busines

  19. #US #businesses sue to block #Trump #tariffs say #trade #deficits aren’t an “emergency” he is just declaring it one to sidestep #Congress.

    [We aren’t at war either but he invoked the AEA for the same reason]

    The lawsuit in the U.S. Court of #InternationalTrade alleges that Trump has illegally usurped Congress’ #power to levy tariffs.

    The suit said Trump’s claim that #TradeDeficits with other countries constitute an #emergency is baseless.

    #law #economy #geopolitics
    cnbc.com/2025/04/14/us-busines

  20. #US #businesses sue to block #Trump #tariffs say #trade #deficits aren’t an “emergency” he is just declaring it one to sidestep #Congress.

    [We aren’t at war either but he invoked the AEA for the same reason]

    The lawsuit in the U.S. Court of #InternationalTrade alleges that Trump has illegally usurped Congress’ #power to levy tariffs.

    The suit said Trump’s claim that #TradeDeficits with other countries constitute an #emergency is baseless.

    #law #economy #geopolitics
    cnbc.com/2025/04/14/us-busines

  21. #US #businesses sue to block #Trump #tariffs say #trade #deficits aren’t an “emergency” he is just declaring it one to sidestep #Congress.

    [We aren’t at war either but he invoked the AEA for the same reason]

    The lawsuit in the U.S. Court of #InternationalTrade alleges that Trump has illegally usurped Congress’ #power to levy tariffs.

    The suit said Trump’s claim that #TradeDeficits with other countries constitute an #emergency is baseless.

    #law #economy #geopolitics
    cnbc.com/2025/04/14/us-busines

  22. Former President Trump advocates for tariffs as the sole remedy to address substantial trade deficits with China and European nations, signaling potential shifts in US trade policy
    #YonhapInfomax #Trump #TradeDeficits #China #Europe #Tariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  23. Former President Trump advocates for tariffs as the sole remedy to address substantial trade deficits with China and European nations, signaling potential shifts in US trade policy
    #YonhapInfomax #Trump #TradeDeficits #China #Europe #Tariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  24. Former President Trump advocates for tariffs as the sole remedy to address substantial trade deficits with China and European nations, signaling potential shifts in US trade policy
    #YonhapInfomax #Trump #TradeDeficits #China #Europe #Tariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  25. Former President Trump advocates for tariffs as the sole remedy to address substantial trade deficits with China and European nations, signaling potential shifts in US trade policy
    #YonhapInfomax #Trump #TradeDeficits #China #Europe #Tariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  26. Former President Trump advocates for tariffs as the sole remedy to address substantial trade deficits with China and European nations, signaling potential shifts in US trade policy
    #YonhapInfomax #Trump #TradeDeficits #China #Europe #Tariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  27. Is the dollar really at risk? Paul Krugman delves into its critical role in global trade, addressing misconceptions about trade deficits and the controversial “Mar-a-Lago Accord.” His latest post simplifies the international monetary system and counters alarmist claims regarding inflation and manufacturing. Discover the balance of payments and the dollar's unique status. For a clearer perspective, read the full piece here: [Source](paulkrugman.substack.com/p/a-b). #Economics #Dollar #TradeDeficits #FinanceInsights

  28. Is the dollar really at risk? Paul Krugman delves into its critical role in global trade, addressing misconceptions about trade deficits and the controversial “Mar-a-Lago Accord.” His latest post simplifies the international monetary system and counters alarmist claims regarding inflation and manufacturing. Discover the balance of payments and the dollar's unique status. For a clearer perspective, read the full piece here: [Source](paulkrugman.substack.com/p/a-b). #Economics #Dollar #TradeDeficits #FinanceInsights

  29. Is the dollar really at risk? Paul Krugman delves into its critical role in global trade, addressing misconceptions about trade deficits and the controversial “Mar-a-Lago Accord.” His latest post simplifies the international monetary system and counters alarmist claims regarding inflation and manufacturing. Discover the balance of payments and the dollar's unique status. For a clearer perspective, read the full piece here: [Source](paulkrugman.substack.com/p/a-b). #Economics #Dollar #TradeDeficits #FinanceInsights