Trade
in sentence
11085 examples of Trade in a sentence
China has yet to discover and adopt an alternative growth strategy that does not rely on a large
trade
surplus.
We can start with a simple principle: We should strive not for maximum openness in
trade
and finance, but for levels of openness that leave ample room for the pursuit of domestic social and economic objectives in rich and poor countries alike.
In fact, Iran has invested hundreds of millions of dollars in Syria, and annual bilateral
trade
tops a billion dollars.
While much was made of the migrant caravan making its way from Central America through Mexico, issues such as
trade
with China, Iran, North Korea, and even Russia and cyber subterfuge didn’t get much traction.
In the end, Trump will need House Democrats for money, sanctions, or approval of
trade
agreements.
Dying for Free TradeLast year was a bad one for free
trade.
But, instead of breathing life into free
trade
in food, rural protectionism in rich countries seems to have killed the Doha Round – and, with it, potentially the whole multilateral trading regime.
Agriculture has always presented the greatest challenge to free-trade doctrine and its promise of empowering the poor, for it is one of the most distorted areas of global
trade.
Leveraging Japan’s inability to feed itself,
trade
negotiators now argue that Japan needs to open up to imports or face being shut out of global food markets by fast-growing giants like China.
Rich and aging countries may finally become promoters, rather than opponents, of free
trade
in food.
Chinese behavior will put increasing political pressure on those of us in Europe and the US who are delighted about China’s economic success and who argue for free
trade.
I hope that China’s sophisticated economic managers understand that either their country’s behavior will have to change, or we are likely to face a massive
trade
conflict and disruption of global commerce.
Realizing his recent proposal to establish a US_Middle East free
trade
area within a decade would lay a strong foundation.
He would reject multilateral
trade
deals and institutions, take a much tougher line on illegal immigration, and forge a new approach to defense and security alliances.
And they can expect tough measures by his administration if they have an enduringly large bilateral
trade
surplus with the US.
If it chooses to discard the Trans-Pacific Partnership (TPP)
trade
agreement negotiated by the Obama administration with 12 Asia-Pacific economies, those countries, perhaps led by Japan or Australia, must be ready to carry on the deal, or something like it, among themselves.
To avoid being pushed around by Trump over
trade
or security, members of the EU and NATO must be prepared to stick together.
Given the possibility of
trade
wars, currency wars, and a renunciation of long-held security alliances within the next 9-12 months, it is time to put regional solidarity ahead of old enmities and the forces of fragmentation.
But with US President Donald Trump fulfilling his promise to adopt a more protectionist approach to
trade
– an effort that could spur retaliatory measures by other countries – that model is coming under increasing strain.
This is a startling reversal for the United States, which has served as the world’s main champion of free
trade
since the 1930s.
Of course, some of Trump’s predecessors adopted protectionist policies; but those arose out of actual negotiations with
trade
partners.
As Harvard’s Dani Rodrik has put it, “Trump’s
trade
restrictions have more of a unilateral, in-your-face quality.”
Tariffs won’t do much for America’s
trade
balance, either.
Trump and his advisers believe that international
trade
is a zero-sum game, and thus that tariffs are a direct route to smaller
trade
deficits.
But the real source of US
trade
deficits is macroeconomic imbalances in the US economy, such as excessive household consumption and fiscal deficits – imbalances that tariffs will do very little to address.
What Trump’s tariffs will do is raise the risk of a global
trade
war.
In response to increased
trade
restrictions, China could limit imports of aircraft or agricultural products such as soybeans from the US.
Even US allies have been bracing for a
trade
war.
The truth was stated clearly by Chinese President Xi Jinping in January 2017: “No one will emerge as the winner in a
trade
war.”
A global
trade
war would undermine economic recovery, hurting businesses and consumers by encumbering global supply chains and raising prices for imported goods.
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