Trade
in sentence
11085 examples of Trade in a sentence
During the nomination campaign, he managed to pull her somewhat to the left on trade, the minimum wage, and mass incarceration.
Consider how Trump’s early overtures to another strongman, Chinese President Xi Jinping, gave way to a full-blown
trade
war against that country, which Trump now portrays as America’s enemy.
Ideas drawn from
trade
theory – such as specialization and comparative advantage – were used to explain why in the developed world men tended to work outside of the home and women within it.
The key issue here is how to lift the now almost fifty-year old US embargo on trade, investment, and travel to Cuba unilaterally, while portraying it as the result of a negotiation.
The Currency Manipulation CharadeNEW HAVEN – As the US Congress grapples with the ever-contentious Trans-Pacific Partnership – President Barack Obama’s signature
trade
legislation – a major stumbling block looms.
Stop the currency manipulation, went the argument, and America’s gaping
trade
deficit would narrow – providing lasting and meaningful benefits to hard-pressed workers.
The ire that motivated that proposal remains today, with China accounting for 47% of America’s still outsize merchandise
trade
deficit in 2014.
This is where the
trade
deficit comes into play.
To attract the capital it needs, America must send dollars overseas through foreign
trade.
In 2014, the US ran
trade
deficits with some 95 countries.
In other words, America does not suffer from a small number of bilateral
trade
deficits that can be tied to charges of currency manipulation by countries like China, Japan, Malaysia, or Singapore.
Rather, the US suffers from a multilateral
trade
imbalance with many countries, and this cannot be remedied through the imposition of bilateral penalties such as tariffs.
Without fixing its savings problem, restricting
trade
with a few so-called currency manipulators would simply redistribute the US
trade
deficit to its other trading partners.
In effect, America’s
trade
balance is like a water balloon – applying pressure on one spot would simply cause the water to slosh elsewhere.
For example, assuming that there is no increase in domestic US saving, penalizing a low-cost producer like China for currency manipulation would most likely cause the Chinese piece of America’s
trade
deficit to be reallocated to higher-cost producers.
In the end, there is no way around it: If Congress does not like
trade
deficits, it needs to address America’s saving problem and stop fixating on misplaced concerns over currency manipulation.
What Congress cannot do is pretend that wrong-footed
trade
policy is the answer to its inability or unwillingness to refocus its domestic policy agenda.
But history has not been kind to major
trade
blunders.
Just as the Smoot-Hawley Tariff Act of 1930 sparked a global
trade
war that may well have put the “great” in the Great Depression, Congressional enactment of enforceable currency rules today could spark retaliatory actions that might devastate the free flow of
trade
that a sluggish global economy desperately needs.
Even neighbors with low tariff barriers, like Canada and the United States,
trade
more internally than across borders.
Witness the migration of peoples and religions, or
trade
along the ancient silk route that connected medieval Europe and Asia.
Brazil, China, India, Korea, and Mexico had already been playing a decisive role in two major areas – the global
trade
regime and the management of the worldwide economic crisis; the jury is still out on a third – climate change.
Few people appear to realize the fundamental contribution of the emerging economies to the success of the current global
trade
regime.
During the last three decades, the amazing success of China’s
trade
liberalization has done much more to convince other developing countries of the gains from
trade
than all the OECD countries’ exhortations.
These countries have been more hesitant in
trade
matters, more ambiguous in the instruments they have chosen for managing the crisis, and remain reluctant to deal with environmental issues.
All of this implies much stronger support from OECD countries, especially the US, for a successful conclusion of the Doha WTO
trade
round.
As
trade
links with the former Soviet world collapsed, most of these giant firms collapsed.
Free
trade
is a Mexican invention to take away American jobs.
Although the event has been presented as an occasion for the two leaders to become personally acquainted, Trump reportedly intends to raise at least three major issues with Xi: America’s massive
trade
deficit with China, North Korea’s nuclear program, and the territorial disputes between China and US allies in the South China Sea.
On trade, Trump wants to curtail Chinese exports to the US, presumably by imposing higher tariffs on Chinese goods and pressuring US and international manufacturers to move their production facilities to America.
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