🔸Trump’s state visit to China took place after 9️⃣years interval 🔸US-China relations are often framed in "Thucydides Trap" 🔀 🔸US🇺🇸 trade deficit vis a vis China🇨🇳 has shrunk (but increased with ASEAN) 🔸EU🇪🇺 is very far from turning the G2 into G3 https://t.co/veaJEMddEb #Trump #USChinaRelations #TradeDeficit #US #CN #EU
India has increased import tariffs on gold and silver from 6% to 15% to reduce overseas purchases and alleviate pressure on foreign exchange reserves, which may lower demand for these metals and potentially lead to a resurgence in smuggling. #GoldImport #TradeDeficit #IndiaEconomy #IN
In March, the U.S. trade deficit in goods and services increased by 4.4% to $60.3 billion following the Supreme Court's ruling that invalidated President Trump's global tariffs, with exports rising 2% and imports up 2.3%, highlighting the ongoing complexities of U.S. trade dynamics and the administration's efforts to establish new tariffs in response to trade practices. #TradeDeficit #Tariffs #USTrade #US #CA #CN #MX #JP #DE #KR #IN #BR #AU
