The road to economic recovery is uneven across countries because every economy grows at a different pace. This has created trade imbalances. During the ...
Today, imbalances once again threaten global harmony. China’s massive trade surplus is fueling a backlash. The U.S. attributes those surpluses to China holding down consumption while subsidizing ...
For global trade and the trading system to be more resilient, sustainable and inclusive, a more holistic approach to the interlinkages between trade and non-trade issues is needed.
That's a Problem." The article points out that at ... This consumption-driven economic model places the US in a passive position in global trade, contributing to a substantial trade deficit.