Latest in Deficits China
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U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.The New York Times - 15h -
Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.The New York Times - 15h -
U.S. ran the biggest trade deficits with China and Mexico in 2024. What about Canada?
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited most from sending goods to America. Canada? Not so much.MarketWatch - 10h -
Trade deficits are a distraction — focus instead on the debt
Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately pointless.The Hill - 15h -
Second leg of EFL Carabao Cup semifinals arrives: Can Arsenal overturn a two-goal deficit vs. Newcastle?
Elsewhere on the Golazo Starting XI newsletter, NWSL agrees to pay $5 million over harms to playersCBS Sports - 16h -
U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, perhaps in part because some businesses sought to bring in more imports before President Trump ...MarketWatch - 19h -
Republicans stare down massive deficits to extend Trump tax cuts
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their legislative agenda as disagreements over budget cuts look set to hamstring ...The Hill - 23h -
Newcastle vs. Arsenal: Gunners can overturn two-goal EFL Cup semifinal deficit if they keep creating chances
Throughout swings in form, Arsenal have never stopped being dangerous in attack, they just need Kai Havertz to convertCBS Sports - 1d -
Five ways China is hitting back
China has set out a series of measures to kick in next week after the US introduced 10% tariffs on imports from the country.BBC News - 1d -
The signs that China is in listening mode
Beijing's calculated and selective targeting of US goods may be an opening move ahead of talks.BBC News - 1d -
China hits US with retaliatory tariffs
China hit the U.S. back with retaliatory tariffs across the board over President Trump’s enforcement of tariffs on Chinese goods that went into effect on Tuesday. China’s Ministry of Finance ...The Hill - 1d -
How US Tariffs Challenge China
China chose swift retaliation for trade measures in the first Trump administration, but that led to an upward spiral of trade measures and much broader tariffs.The New York Times - 4d -
With DeepSeek, China innovates and the US imitates
The start-up’s breakthrough confounds outworn prejudices about the two countriesFinancial Times - 6d -
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
This is the coalition government's first full-year budget after its assuming power in June.CNBC - 6d -
Manchester City saved by Savinho in Champions League, overturn one goal deficit to win 3-1 and advance
After being down a goal at halftime, City rallied to sneak into the top 24CBS Sports - Jan. 29 -
U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in good in 2024, spotlighting what is likely to be running sore spot under the second administration of President Trump.MarketWatch - Jan. 29 -
Chip Roy says he's not at GOP retreat, 'spending $2K to hear more excuses for increasing deficits'
Rep. Chip Roy (R-Texas) confirmed he was not in attendance at the Florida retreat for House Republicans while taking a shot at those who were present. “It is being reported I am not at the ...The Hill - Jan. 28 -
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China's DeepSeek reports major cyberattack
DeepSeek, a Chinese artificial intelligence company, has announced a major cyberattack that has apparently limited registrations. This comes after U.S. tech stocks reacted to the news of DeepSeek ...CBS News - Jan. 27 -
Philippines accuses China's forces of harassing fisheries vessels in the South China Sea
The Philippine coast guard says Chinese coast guard ships and a Chinese navy helicopter harassed a group of Philippine fisheries vessels conducting a scientific survey in a hotly disputed area of ...ABC News - Jan. 25 -
Philippines launches comic book to counter China 'disinformation' in South China Sea
The Philippines has launched a comic book to counter what the country says is China’s disinformation campaign to push its expansive territorial claims in the South China SeaABC News - Jan. 24 -
Arkansas rallies from 15-point deficit, beats Georgia 68-65 for first SEC win and snaps 5-game skid
Adou Thiero scored 17 points and grabbed 11 rebounds, and Arkansas rallied from a 15-point deficit and beat Georgia 68-65 for its first Southeastern Conference winABC News - Jan. 23 -
China can outfox Trump’s tariffs
Beijing is agile enough to swerve US protectionismFinancial Times - Jan. 19 -
Maple Leafs score 7 unanswered goals to erase 3-goal deficit and rout Canadiens 7-3
The Toronto Maple Leafs scored seven unanswered goals to overcome a three-goal first-period deficit for a 7-3 win over the Montreal CanadiensABC News - Jan. 18 -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - Jan. 17 -
The China commodities supercycle is over. Will there be another?
Chinese demand for steel and iron ore has finally peaked. The industry hopes the energy transition will spark a new boom, but it will be shaped by geopolitical competitionFinancial Times - Jan. 15 -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
An out-of-the box idea for China and Trump
Washington and Beijing should conduct a joint intervention on the renminbiFinancial Times - Jan. 13 -
China is winning the race for green supremacy
The west needs to co-operate, cautiously, with Beijing in the renewable energy tradeFinancial Times - Jan. 12 -
US streamlines deportation flights to China
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, the Department of ...The Hill - Jan. 10 -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
A look at recent deadly earthquakes in China
A strong earthquake with a magnitude of 7.1 that killed at least 126 people in western China near Nepal was one of the country’s deadliest in nearly a decadeABC News - Jan. 8 -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - Jan. 8 -
The maps that show how China’s military is squeezing Taiwan
China has increased its incursions into Taiwan’s airspace over the last year, part of strategic harassment that is taking a toll on the island’s resources. China’s military launched a record number ...The Guardian - Jan. 8 -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - Jan. 7
