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Current Trade Deficit:   AmericanEconomicAlert.org - Presented by The Robert A. Stranahan Lectures
AmericanEconomicAlert.org Opinion
Editorial updates from the research staff at USBIC:
Alan Tonelson, 5/2/2013

The trade deficit decline revealed in the March figures shouldn't obscure a U.S. economy still hooked on debt, a Korea deal that has flopped, and an offbase Presidential export pledge that won't be kept.

 

Alan Tonelson
 
Alan Tonelson, 4/26/2013

The new report on gross domestic product makes clear that personal consumption and housing -- the toxic combination that triggered the financial crisis -- are back as main drivers of American economic growth.

 

Alan Tonelson
 
Alan Tonelson, 4/19/2013

The Obama Treasury Department's latest currency manipulation report once again absolved China. But it also once again amounted to a powerful indictment of Beijing -- and of failed U.S. responses.

 

Alan Tonelson
 
More Opinion
Alan Tonelson, 3/13/2013
Chinese-made goods coming into the U.S. market continue getting cheaper and cheaper. As a result, claims that the PRC is becoming a manufacturing has-been deserve ever less credibility.
Alan Tonelson, 3/7/2013
If you think American manufacturing is engaged in a roaring competitive comeback, and that President Obama's proposed Trans-Pacific trade deal is a good idea, you need to look at the just-released January trade figures.
Alan Tonelson, 2/22/2013
President Obama will only weaken the U.S. economy further by adding Japan to the misguided Trans-Pacific Partnership. Instead, he should abandon the deal entirely and adopt a genuinely realistic strategy for opening Asian markets.
Alan Tonelson, 2/21/2013
Venerable former Singapore leader Lee Kuan Yew wants America and China to share global power -- and preserve the lopsided economic relations that helped trigger the last international economic crisis.
Alan Tonelson, 2/13/2013
The prices of Chinese products entering the U.S. market keep falling -- showing that the PRC is not losing competitiveness, and that the President's manufacturing strategy will fail without big trade policy change.
Alan Tonelson, 2/8/2013
The December U.S. trade deficit nosedived but the new monthly and annual figures show an economy still addicted to debt and lagging in manufacturing.
Alan Tonelson, 2/7/2013
A new report urging a better way to gauge world trade flows and their benefits shows that international economic organizations like the WTO have moved into the propaganda business.
Alan Tonelson, 2/1/2013
New data - including huge revisions - show that recent hiring is getting less dependent on government-subsidized industries. But they also make clear how, despite abundant hype, manufacturing remains a big laggard.
Alan Tonelson, 1/30/2013
It's bad enough that new official figures show that the economy is once again contracting -- especially after trillions of dollars' worth of government stimulus. Even worse, the star performers were those bubble-decade leaders, personal consumption and housing.
Alan Tonelson, 1/22/2013
Despite continuing claims of a renaissance, domestic industry still looks awfully recession-ridden.
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