If policies are adopted to devalue the dollar and end its reserve status, they would only damage American businesses and consumers. … READ MORE >
U.S. current account deficit
Morning market minute: A look at the U.S. trade and current account balances
To narrow the U.S. trade and current account deficits, the Trump administration has said it would take the external route—using tariffs as leverage to narrow the deficits with the Chinese and other trading partners. … READ MORE >
Morning market minute: The contradictions at the heart of U.S. economic policy
The Trump administration’s policies will cause the trade and current account deficits to widen, not narrow. … READ MORE >