Trade
in sentence
11085 examples of Trade in a sentence
Judging by the ever-escalating
trade
war between the United States and China, the same is true of economic relationships.
The US remains stuck in the time-worn mindset of a deficit saver with massive multilateral
trade
deficits and the need to draw freely on global surplus saving to support economic growth.
Which brings us to the burning question: Will the US-China
trade
conflict end with a peaceful resolution or an acrimonious divorce?
That will require compromises on both sides – not just on the
trade
front, but also on the core economic strategies that both nations embrace.
That may well be the bottom line on the
trade
conflicts of codependency.
Thus, the US has virtually pulled out of the Doha Round of multilateral
trade
negotiations, with Obama acquiescing to greedy business lobbies that will not settle unless more of their demands are met.
But not only has Obama abandoned Doha; he has also seriously endangered the multilateral trading system by diverting US efforts and resources to discriminatory bilateral
trade
deals and, most recently, to the Trans-Pacific Partnership, which will principally aid countries that are worried about an aggressive China and seek political security rather than increased
trade.
For example, unlike the World
Trade
Organization, whose dispute-settlement mechanism imposes penalties for abandoning negotiated reductions of
trade
barriers, the targets for emission reductions are not binding and enforceable commitments.
America’s leadership deficit is, in fact, pushing the US and China to the brink of a
trade
war.
The result is a multilateral
trade
deficit, with China and 101 other countries, required to provide the foreign capital needed for the balance of payments.
The large tax cut enacted at the end of 2017 will expand the US federal budget deficit by $1.5 trillion over the next decade, pushing domestic saving even lower – an outcome that will lead to even wider
trade
deficits.
Yet protectionism in the face of widening
trade
deficits spells nothing but trouble for frothy financial markets and a saving-short US economy.
On its own, Hungary is Germany’s 14th-largest
trade
partner in terms of both exports and imports.
Moreover, other forms of borrowing – such as
trade
finance, which is skewed toward shorter maturities – are not included in these figures.
In addition, the EU also should help create special economic zones with preferred
trade
status in the region, including in Tunisia and Morocco, to attract investment and generate jobs for both locals and refugees.
In the mid-2000s, South Korea and the United States began exploring closer
trade
ties, and in March 2012, the Korean-United States Free
Trade
Agreement entered into force.
More recently, Trump announced import tariffs of 25% on steel and 10% on aluminum, and indicated that exemptions would be granted to US
trade
partners on a case-by-case basis.
Putting aside Trump’s additional announcements of
trade
actions targeting China, tariffs on steel and aluminum would undoubtedly have negative effects on the US economy.
The Trump administration’s stated objective in pursuing protectionist policies is to reduce the US
trade
deficit.
But a current-account deficit (the
trade
deficit plus the services balance) reflects the difference between saving and investment.
Moreover, both countries will face the additional bureaucratic burden of managing their steel
trade.
This is precisely the kind of managed and discriminatory
trade
arrangement that the US did so much to eliminate over the past half-century.
But Trump has not just struck a blow against open multilateral
trade.
They will lead to severe costs for the US economy and the rules-based multilateral
trade
system, and to the loss of US credibility long after he is gone.
Once all these countries reach agreement with the EU there would automatically be free
trade
throughout the Balkans.
Differences in indirect taxes such as VAT pose another way in which borders become obstacles to
trade.
It would create a
trade
area large enough to generate both local and foreign investment.
Any ban on its use should be lifted to make borders irrelevant for
trade
and investment.
Some social scientists assert that poverty is not just a matter of poor nutrition, lack of medical care, and inadequate shelter; it also means exclusion from global networks of trade, science and commerce.
Although competitiveness within the eurozone would be unaffected, a weaker euro would significantly improve the external balance with the rest of the world, which accounts for about half of eurozone
trade.
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