Budget Cuts Can Solve Trump’s Trade Deficit Problem
https://www.wsj.com/economy/trade/budget-cuts-can-solve-trumps-trade-deficit-problem-60365d8c
Steep cuts to federal spending could pull down interest rates, the dollar and trade deficit, without the messiness of tariffs.
https://www.wsj.com/economy/trade/budget-cuts-can-solve-trumps-trade-deficit-problem-60365d8c
Steep cuts to federal spending could pull down interest rates, the dollar and trade deficit, without the messiness of tariffs.
The strong dollar conundrum facing the Trump administration by Vivekanand Jayakumar (Jan 19, 2025)
https://thehill.com/opinion/5092814-dollar-weakens-2024/
Domestically, U.S. fiscal consolidation will help alleviate bond market concerns and lower long-dated treasury yields (and contribute to a narrowing of interest-rate differentials). Proposals to enhance government efficiency and reduce wasteful spending are good first steps. However, truly improving the long-term fiscal outlook will require tough and painful choices.
https://thehill.com/opinion/5092814-dollar-weakens-2024/
Domestically, U.S. fiscal consolidation will help alleviate bond market concerns and lower long-dated treasury yields (and contribute to a narrowing of interest-rate differentials). Proposals to enhance government efficiency and reduce wasteful spending are good first steps. However, truly improving the long-term fiscal outlook will require tough and painful choices.
Here’s How Government Spending Has Grown—and Where the Money Is Going
https://www.wsj.com/economy/us-federal-debt-budget-deficit-spending-charts-650f2dff
https://www.wsj.com/economy/trade/us-trade-import-export-deficit-charts-490a7bce
Growing gaps with Mexico and Vietnam add to the biggest imbalance the U.S. faces—with China.
Martin Wolf talks to Richard Baldwin: What’s the future of global trade?
https://www.ft.com/content/07acaf4b-19e5-4d96-8ea7-2d7acc7940ce