Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.
Definition: The excess of expenses over receipts on revenue account is called revenue deficit. Revenue deficit = Revenue Expense – Revenue Receipts . Description: This is an important control ...
Definition: Gross Primary Deficit is Gross Fiscal Deficit less interest payments. Net Primary Deficit is Net Fiscal Deficit minus net interest payments. Net interest payment is interest paid minus ...
The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable ...
Financial Secretary Paul Chan on Saturday warned that promoting economic development amid a fiscal deficit would be Hong Kong's "main challenge", saying the government is studying how to boost ...
The Congressional Budget Office recently estimated that such tariffs would shrink the budget deficit, but also reduce economic output. Donald Trump made tariffs a centerpiece of is successful ...
The US trade deficit widened in November as imports growth outpaced that of exports, government data showed Tuesday. The goods and services deficit grew by 6.2% month over month to about $78.19 ...
He emphasized the need for a clear roadmap to reduce the fiscal deficit at both the central and state levels to foster private investment and achieve economic growth. Ahluwalia also highlighted ...
The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated ...
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as ...
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost ...
The US trade gap widened in November according to government data released Tuesday, as imports rose faster than exports ahead of President-elect Donald Trump's return to the White House.