With an announcement that has alerted the global market, the US president has assured that the new tariffs of 25% on steel and 10% on aluminum are tools for a "trade war".
Con un anuncio que ha puesto en alerta al mercado global, el presidente estadounidense ha asegurado que los nuevos aranceles de 25% al acero y 10% al aluminio son herramientas para una “guerra comercial”.
While Mexican government negotiators fight to save the North American Free Trade Agreement during talks in Washington, thousands of members of social and trade unions on Wednesday protested in Mexico City against the deal, claiming it marginalizes local farmers and hurts the country.
La discusión entre el gobierno de Trump y sus críticos sobre una tasa de crecimiento económico sostenible suscita profundas preguntas sobre el futuro de Estados Unidos. ¿Ingresamos en un período prolongado de crecimiento económico lento? Si es así, ¿cómo altera eso la sociedad y la política? ¿O acaso las medidas “correctas” elevarán el crecimiento económico a niveles del pasado?
The argument between the Trump administration and its critics over a sustainable rate of economic growth raises profound questions about America’s future. Have we entered a prolonged period of slow growth? If so, how does that alter society and politics? Or will the “right” policies raise growth to past levels?
If you haven’t paid attention, here’s a brief overview of the debate.
House Republicans, who are now deliberating the government’s 2018 budget, pledge to eliminate deficits within a decade. Well, good luck with that. It must be obvious that chronic deficits reflect a basic political impasse that can be broken only if majorities in Congress do things they’ve refused to do: trim Social Security benefits; raise taxes significantly; control health spending. There is a giant mismatch between what Americans want from government and what they’ll pay for with taxes.
Los republicanos de la cámara baja, que ahora están deliberando sobre el presupuesto de 2018, prometen eliminar los déficits en una década. Bien, buena suerte con eso. Debe ser obvio que los déficits crónicos reflejan un impasse político básico que puede ser interrumpido solo si las mayorías del Congreso hacen lo que se han negado a hacer: recortar los beneficios de seguridad social; aumentar los impuestos significativamente; controlar los gastos de salud. Hay una gran discordancia entre lo que los estadounidenses quieren del gobierno y lo que están dispuestos a pagar en impuestos.
The United States has made clear its position for a renegotiation of the North American Free Trade Agreement, trying to prevent a foreign exchange manipulation.
The Trump administration is determined to renegotiate the North American Free Trade Agreement (NAFTA) -- which created a single market from Mexico’s southern border to the Yukon -- but the main political appeal of this policy rests on a popular myth: that “fair” trade requires the United States to have a surplus or balanced trade with both Mexico and Canada.
Tucked down in some news coverage about the recent death of Manuel Noriega, the former dictator of Panama, were accounts of the 1989 U.S. invasion of that Central American country to arrest Noriega, a longtime CIA asset turned collaborator with mega drug dealers.
The healthcare reform proposed by President Donald Trump to "repeal and replace" ObamaCare, and which was narrowly approved by the Republican-controlled House of Representatives, would leave 23 million people without healthcare coverage over the next decade, the Congressional Budget Office said Wednesday.
The small southern Chinese city of Zunyi, an emblematic place where Mao Zedong took the reins of the Communist Party, is now a pioneer in implementing a new system of land distribution that has transformed the tea industry, an economic engine of this area.
Treasury Secretary Steven Mnuchin on Wednesday outlined President Donald Trump"s tax overhaul plan, which calls for slashing the corporate tax rate from 35 percent to 15 percent. Critics immediately called it “basically a huge tax cut for the rich”.
17 schools in Philadelphia at risk for losing state grant according to City Controller.
As Tax Day -- April 18 this year -- approaches, we are confronted once again with the apparently enduring reality that Americans hate to pay taxes.
Phillies offense comes alive near the end of the game but could not pull off the Victory.
There was bound to be a political commotion when the Trump administration released its 2018 budget.
In an effort to get Congress to vote down the AHCA, the mayor and local officials held a press conference to express their opposition to the bill.
We live in an age of disbelief. Many of the ideas and institutions that have underpinned Americans’ thinking since the early years after World War II are besieged. There is an intellectual and political vacuum into which rush new figures (Donald Trump) and different ideas (America First). These new ideas and leaders may be no better than the ones they displace -- they may, in fact, be worse -- but they have the virtue of being new.
By all means, let’s have a carbon tax. It’s the best way to deal with global climate change. It would require Republicans and Democrats to compromise -- a good thing -- and would provide revenues for a government that desperately needs more revenue. Fine. But let’s not pretend that a carbon tax is a panacea for either climate change or too much debt.
Entre las primeras medidas del presidente Trump estuvo la orden de retirarse del TPP. Eso cumplía la promesa de la campaña de Trump de torpedear ese acuerdo de alto perfil entre Estados Unidos y otros 11 países de la Cuenca del Pacífico, liderados por Japón y México. Igualmente importante, simbolizó la convicción de Trump de que los acuerdos comerciales negociados con ineptitud constituyen la esencia de los problemas económicos de Estados Unidos.
”Mexico braces for a trade war with Washington,” headline in the Financial Times, Jan. 31, 2017.
Let’s hope not, because a trade war triggered by President Trump would be an act of pure economic aggression, unjustified either by the United States’ economic and political interests or by Mexico’s behavior. It would be the economic equivalent of Russia’s seizure of the Crimea, a raw exercise in bullying.
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