You forgot Pompeo.
American Economics Thread
- Thread starter Bernard
- Start date
This will only serve to bolster his reputation among Trump supporters.
Yeah. Anything against the establishment. I've never look at it that way. But now you could be right.
He's China's favorite Canadian.
He's only 'American' as in North American as Canada is in North America.
American billionaires and hedge funds have investments in China and want to invest more. If they cannot buy ADRs at the NY stock exchange they will take their money to Hong Kong and Shanghai instead.
They know that China is the future that they want in. Even if they have to ditch the USA into the toilet should the country collapse into civil war, then to them, they simply cannot help it
Nothing new. Capital has the tend to be invested where the profits are higher. The times that large corporations "remember" their ethnicity is when they need government funding not to collapse or are in need of military interventions to infiltrate to new markets and opportunities. Musk admitted that arrogantly some time ago about Bolivia for example.
manqiangrexue
Brigadier
US trade deficit surges in July to highest in 12 years
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
The Commerce Department reported that the July deficit, the gap between what America buys and what it sells to foreigners, was 18.9% higher than the June deficit of $53.5 billion. It was the largest monthly deficit since July 2008 during the 2007-2009 recession.
For July, the deficit with China in goods totaled $31.6 billion, an 11.5% increase from the June imbalance.
The United States ran a deficit in goods trade of $80.1 billion in July, the highest on record. The U.S. surplus in services, such as banking and insurance, declined to $17.4 billion, the smallest services surplus since August 2012 and a reflection in part of the decline in airline travel during the pandemic.
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
The Commerce Department reported that the July deficit, the gap between what America buys and what it sells to foreigners, was 18.9% higher than the June deficit of $53.5 billion. It was the largest monthly deficit since July 2008 during the 2007-2009 recession.
For July, the deficit with China in goods totaled $31.6 billion, an 11.5% increase from the June imbalance.
The United States ran a deficit in goods trade of $80.1 billion in July, the highest on record. The U.S. surplus in services, such as banking and insurance, declined to $17.4 billion, the smallest services surplus since August 2012 and a reflection in part of the decline in airline travel during the pandemic.