President Trump has been in office for 3 years, which is enough time to analyze how the economy is doing vs. his statements on how it would perform
At $1 trillion it will be the largest budget deficit in history, except when there is a recession, and even without another downturn it is projected to be over $1.7 trillion in 2030. If, and more likely when, there is another recession the deficit could easily top $2 trillion.During Obama’s eight years in office the trade deficit ranged from $384 billion in 2009 due to the Great Recession to $550 billion in 2011 as the U.S. economy recovered earlier than the rest of the world.
After Canada and Mexico, China is the third largest buyer of U.S. goods. A result of Trump’s trade war with China is U.S. companies and farmers selling fewer goods to it. After peaking in 2017 at $130 billion, goods exports to China have fallen $23 billion or 18% to $107 billion in 2019.as their exports to China have fallen almost $20 billion over the past two years.
The Phase One deal includes very ambitious goals for China to buy U.S. agricultural products. These were going
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Thai economic growth slips to five-year low, virus to hit tourismThailand's economy grew at its weakest pace in five years in 2019, as expor...
Les mer »
Thai economic growth slips to five-year low, rate cuts likelyThailand's economy grew at its weakest pace in five years in 2019 as export...
Les mer »
Thailand's economic growth slows to 5-year lowThailand's economy grew at its slowest pace in five years in the fourth quarter, dragged down by lower government spending and exports despite relatively steady private consumption. Gross domestic product expanded 1.6% in the October-December quarter from a year earlier, compared with the 2.6% growth in the previous three months, the Office of the National Economic and Social Development Council, the government's economic-planning arm, said Monday.
Les mer »
Is there mail on Presidents Day? Delivery information for USPS, UPS and FedExTraditionally, post offices have been closed on the holiday, but this year some customers will be able to conduct business.
Les mer »
Who is Katie Waldman? Four facts about Stephen Miller's wife after pair's wedding at Trump HotelWaldman joined Vice President Mike Pence's office last year, after serving as communications director for Republican Senator Martha McSally.
Les mer »
I've Worn Hair Extensions for 14 Years—These Are the Top 8 Brands to Shop for BundlesShop the best online hair extension brands for clip ins, wefted hair, and faux bangs.
Les mer »