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deficit
Deficit Update
The US imposes a 39% tax on imports from Switzerland due to a $48 billion trade deficit. Will gold prices benefit?
US President Donald Trump has imposed a 39% tariff on imports from Switzerland, the highest for a developed country. The reason may lie in refined gold.
Market
Ukraine faces $19 billion budget deficit
The EC is working with EU member states to find a way to cover Ukraine's budget deficit in 2026, estimated at between $8 and $19 billion.
President Trump harshly criticizes Elon Musk's plan to form his own party, declaring 'responsibility number one is to protect the American public'
US President Donald Trump has publicly criticized tech billionaire Elon Musk's plan to form a new political party, accusing the social network X boss of sowing "chaos" and undermining the stability of the US political system.
US tariff threat could cost Germany 200 billion euros
The US President has announced that he will impose a 50% tariff on imports from the EU, citing stalled trade negotiations.
What does the Trump administration want from the rest of the world?
While much remains unclear about the White House's goals, a clearer picture of the trade talks is emerging, according to the Washington Post.
Trump's economic agenda will increase the US budget deficit
The implementation of the economic program of Republican candidate Donald Trump, if he wins the election, will increase the US budget deficit many times more than the approach of Democratic candidate Kamala Harris, CNBC TV channel predicts.
CIA analysts predict Putin's next move after Ukraine's failed counterattack
(Baonghean.vn) - Former CIA analyst Ray McGovern commented that after Ukraine failed in its counterattack, Russian President Vladimir Putin will order his army to launch an attack. Accordingly, they will expand the area of control near the Dnieper.
Three macro-existences of the wood industry today
DNUM_ABZBCZCACA 14:18
(Baonghean.vn) - At the conference to discuss solutions to promote the production, processing and export of forest products, on the morning of December 1, Mr. Do Xuan Lap - Chairman of the Vietnam Timber and Forest Products Association proposed to the Prime Minister and ministries and branches three major policy areas towards sustainable development of the wood industry.
US budget deficit soars; Ukraine simplifies citizenship procedures for Russians
DNUM_BEZAIZCABJ 06:32
(Baonghean.vn) - Mr. Zelensky requested to simplify the procedure for granting citizenship to Russians; US budget deficit increased by nearly 27%; Kim Jong-un promoted more than 100 scientists; The majority of British people support leaving the EU at all costs... are the world's outstanding news in the past 24 hours.
US government faces risk of Treasury running out of money
DNUM_BDZAHZCABJ 14:45
The US Treasury is facing a growing deficit due in part to Trump's tax cuts since 2017.
Trump considering withdrawing US from NATO?; Germany will not make further concessions to Britain on Brexit
DNUM_BGZABZCABJ 07:11
(Baonghean.vn) - In the past 24 hours, there have been many outstanding news in the world such as: President Trump is considering withdrawing the US from NATO?; Israel admits to supplying weapons to rebels in Syria; Germany will not make further concessions to the UK on Brexit; Russian court orders extension of detention of 4 Ukrainian sailors; Another human trafficking ring was dismantled by Italian police...
China and the United States opened 2019 by “putting out the fire” of the trade war.
DNUM_ADZABZCABJ 10:57
A US government delegation will visit Beijing for trade talks early in the second week of January, Bloomberg reported. Earlier, the Chinese Ministry of Commerce announced plans for the parties to hold trade talks in the first month of 2019.
G20 summit faces many disagreements
DNUM_DAZBBZCABI 14:30
The upcoming US-China summit on the sidelines of the G20 conference in Argentina is expected to find a solution to the current trade war.
China shows willingness to negotiate trade dispute with US
DNUM_AGZBBZCABI 12:54
(Baonghean.vn) - China is ready to negotiate and work with the United States to resolve trade disputes, as the world's two largest industries are at odds, Vice President of the People's Republic of China Wang Qishan said on November 6.
Preventing China's rise is a "foolish" act for the US
DNUM_BAZBAZCABI 17:02
(Baonghean.vn) - On October 10, Alibaba Group Chairman Jack Ma said that the US's efforts to launch a cold war-style war against Beijing with the aim of preventing the rise of Asia's largest economy are "foolish".
China vows to stand firm against US trade threats
DNUM_CIZAJZCABI 08:13
A representative of China's Ministry of Commerce warned the United States not to underestimate its determination, confidence and capabilities.
China will suffer economic shock if US imposes more tariffs
DNUM_CIZAJZCABI 07:43
China could lose up to 3 million jobs if it does not take countermeasures when the US imposes import tariffs on all goods from this country.
The 'guts contest' between the two superpowers, the US and China: Who will 'put down the gun' first?
DNUM_BIZAJZCABI 16:28
(Baonghean.vn) - Despite China's call not to impose additional tariffs, despite the call from a segment of US businesses to stop the trade war with China, US President Donald Trump still decided to "strike" when he announced that he would impose tariffs on 200 billion USD on imported goods from China from September 24.
US announces import tax on $200 billion worth of Chinese goods
DNUM_BIZAJZCABI 07:51
The Donald Trump administration has just announced that it will impose a 10% tax on $200 billion worth of Chinese goods, increasing it to 25% early next year.
President Trump warns of tariffs of up to $267 billion on Chinese goods
DNUM_BFZAJZCABI 07:03
On September 14, Bloomberg news agency reported that President Donald Trump has directed the imposition of an additional $200 billion in tariffs on Chinese goods.
'Conspiracy' to internationalize the yuan is being dragged down by the trade war
DNUM_AJZAIZCABI 07:00
The recent decline in the yuan is posing a challenge to Beijing's efforts to promote its currency globally.
Trump unexpectedly compares "EU is probably just as bad as China"
DNUM_ACZAHZCABI 16:40
(Baonghean.vn) - RT reported on July 2 that when talking to Fox News, US President Donald Trump said that trade with the EU is almost as bad and unfair as trade with China. He noted that Washington has spent a fortune to “protect” small European partners, and they have responded by doing “terrible” things.
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