Trump’s Trade Strategy Wins, With Qualifications — Panjiva


Trump’s Trade Strategy Wins, With Qualifications

China 1758 European Union 406 Tariffs 1169 Trade Balance 657 Trade Deals 702 U.S. 3297 USMCA 373

The U.S. trade deficit fell 6% on a year earlier in May, the first decline since February 2017. That can be counted as a success for the Trump administration’s trade policy given it has specifically targeted the trade deficit. Around one third of the improvement was due to a drop in the goods deficit, though with a 13% rise in exports there are risks from the retaliatory duties being applied by China, the EU, Canada and Mexico among others. The remainder of the decline in the deficit was due to a 7% increase in the services surplus, led by a 12% rise in banking and investment management ...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.