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While the White House is waging a trade war on behalf of US manufacturing, the largest and most important part of the US economy, one that has a trade surplus, not a gap, is under threat.
Macroeconomic identities are fundamental relationships or equations that hold true, by definition, in macroeconomic models. They describe how different economic variables are related to each other.
The war with Trump’s tariffs is simply too big for South Africa to fight back with tariffs, making finding other markets a ...
FTSE hits lowest level since January as global market meltdown continues - FTSE slumps after Trump’s ‘Liberation Day’ tariffs ...
In his Rose Garden announcement of sweeping new “reciprocal tariffs,” President Donald Trump held aloft a misleading chart ...
US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs ...
Let’s hold the line and let the US government explain to its citizens and burger consumers why their burgers are more costly ...
International Consolidated Airlines stock remains a buy despite a massive drop in its share price since February, as we remain optimistic about its long-term growth potential and solid forward ...
Rachel Reeves blamed “increased global uncertainty” as the budget watchdog slashed its forecast for economic growth ... of this year - as shown in the graph below. Government borrowing ...