+1 (877) 212-5593

弊社の主なサービス

  • 会計&税金

  • 弊社では、御社の会計原則と税金要件への準拠に努めます。常にリアルタイムの情報をオンラインにてご提供いたします。

  • 輸出入

  • 弊社の管理チームには、メキシコ貿易コンプライアンスと外国貿易要件に関する知識が豊富にあります。

  • 人事

  • 弊社では、才能を重視していて、情熱があり思慮に富んだスタッフを募集し、御社のための人材育成に多大な投資を行っています。

  • 環境安全衛生

  • このビジネスにおいて重要な側面のすべてまたは一部を、弊社の完全な安全衛生業務代行サービスにお任せいただけます。

There is no translation available.

WASHINGTON — President Donald Trump campaigned on a promise to overturn U.S. trade policy and bring down the country’s massive, persistent trade deficits.

After a year in the White House, he still has a lot of work to do.

The Commerce Department reported Tuesday that the U.S. trade deficit in goods and services rose 12 percent to $566 billion last year, biggest since 2008. A record $2.9 trillion in imports swamped $2.3 trillion in exports last year.

The deficit in the goods trade with China — frequently accused of unfair trading practices by the White House — hit a record $375.2 billion in 2017. The goods gap with Mexico climbed to $71.1 billion.

“Trump’s trade team has not been able to stem the flood of imports into the country yet,” said Chris Rupkey, chief financial economist at MUFG Union Bank.

The Flip Side of Good Times

Trump likes to boast about the American economy’s strength. Economic growth rose to 2.3 percent last year from 1.5 percent in 2016, despite getting off to a slow start in 2017. The unemployment rate is idling at a 17-year low 4.1 percent. Wages finally seem to be growing.

But when it comes to trade, there’s a flip-side to good times: “A stronger economy will draw in more imports” as confident consumers seek out foreign products, says Bernard Baumohl, chief economist at the Economic Outlook Group.

Recent history shows that the trade deficit tends to grow when times are good and shrink when they turn bad. The trade gap hit a record $762 billion in 2006 toward the end of a six-year economic expansion. It dropped to $384 billion in 2009, in the depths of the Great Recession as American consumers hunkered down and bought fewer imports.

“If the goal is to reduce the trade deficit, we know how to do that — just send our economy crashing and we won’t be able to afford to import as much,” says Bryan Riley, director of the conservative National Taxpayers Union’s Free Trade Initiative.

Tough Talk, Little Action

On the campaign trail, candidate Trump talked tough on trade. He threatened to slap big tariffs on Chinese and Mexican imports and said he’d tear up trade treaties and sanction China for manipulating its currency.

He’s been more cautious since taking office.

The trade gap grew even though the U.S. dollar dropped nearly 7 percent last year against the currencies of its major trading partners, a move that gives U.S. companies a price edge in foreign markets and makes imports pricier in America.

Dean Baker, senior economist at the left-leaning Center for Economic and Policy Research, says it takes time for a weaker dollar to have an impact on the trade balance.

Countries run trade deficits when they buy more products from other countries than they sell and run surpluses when they export more than they import. The United States has not turned a trade surplus since 1975, when Gerald Ford sat in the White House and “Jaws” ruled the box office.

Why hasn’t Trump been able to begin rebalancing America’s lop-sided trade relationship with the rest of the world? Economists and trade analysts offer several explanations:

Yes, he withdrew from an Asia-Pacific trade pact negotiated by the Obama administration.

But he abandoned plans to label China a currency manipulator. His attempt to renegotiate the North American Free Trade Agreement with Canada and Mexico — which he labeled a job-killing “disaster” — has bogged down amid resistance from Ottawa, Mexico City and U.S. businesses and farmers that enjoy NAFTA’s market-opening benefits.

U.S. investigations into whether cheap aluminum and steel imports threaten U.S. national security, which could lead to trade sanctions, have been delayed by pressure from U.S. companies that consume steel and aluminum.

“It’s not surprising that the deficit is up because in Year One there has been a wide gulf between Trump’s fiery trade rhetoric and action,” says Lori Wallach, director of Public Citizen’s Global Trade Watch and a critic of NAFTA and other trade deals. “So the same failed trade policy Trump attacked as a candidate is still in place.”

Sailing Against Strong Economic Currents

Even if Trump began aggressively taxing imports and strong-arming other countries into meeting his demands to buy U.S. exports, he still likely would find it hard to make a big dent in America’s trade deficit.

“Trade deficits are generally not susceptible to manipulation through trade policy,” says Phil Levy, senior fellow on the global economy at the Chicago Council on Global Affairs. Levy notes that Germany runs a big trade surplus and France a deficit even though both operate under the European Union’s common trade rules.

Instead, trade deficits are the consequence of bigger economic forces. The United States spends more than it saves. Just look at budget deficits in Washington and credit-card balances in American households. When you spend more than you produce, imports fill the gap.

Mexcentrixについて

弊社では、メキシコで製造業を営む企業をサポートしています。

ご連絡先

 

  このメールアドレスはスパムボットから保護されています。閲覧するにはJavaScriptを有効にする必要があります。
  +1 (877) 212-5593
  Himalaya 210 San Luis Potosi

 

Get Map

Mexcentrix

印刷

最新ニュース

15
2月2018

Citigroup Says Everyone Gets Hurt...

There is no translation available.Citigroup Inc. (https://www.bloomberg.com/quote/C:US), owner of Mexico’s second-largest bank, said the Latin American nation...

09
2月2018

Despite Trump’s tough talk, trade...

There is no translation available.WASHINGTON — President Donald Trump campaigned on a promise to overturn U.S. trade...

03
2月2018

Mexico: Relationship with US closer...

There is no translation available.Mexico's foreign relations secretary said Friday that it might come as a surprise...

22
1月2018

Chamber of Commerce heads from...

There is no translation available.Leaders of 27 metropolitan Chambers of Commerce from Canada, the U.S. and Mexico...

27
12月2017

Mexico's central bank to sell...

There is no translation available.Mexico's central bank said Tuesday it will seek to bolster the peso amid...

13
12月2017

TECHINT: Company To Develop US$...

There is no translation available.The Italian-Argentinean multi-national Grupo Techint pitched to Mexican President Enrique Peña Nieto an...

11
12月2017

Ford Will Build Electric Cars...

There is no translation available.Almost a year ago, after heavy criticism from President-elect Donald J. Trump, Ford...

05
12月2017

German manufacturer opens its fifth...

There is no translation available.German manufacturer Leoni AG opened its fifth plant in Mexico yesterday in the...

28
11月2017

Mexico Treasury Secretary announces presidential...

There is no translation available.MEXICO CITY Treasury Secretary Jose Antonio Meade declared Monday his intention to be...

23
11月2017

Canada, Mexico to rebuff US...

There is no translation available.MEXICO CITY: Canada and Mexico will rebuff the United States over its demand...

17
11月2017

Trump and big business...

There is no translation available.U.S. business groups are pinballing between despair and panic as negotiations over a...

08
11月2017

BP Joins Shell in Helping...

There is no translation available.LONDON — BP helped Mexico execute its 2018 oil hedge, the biggest in...

03
11月2017

Garza: Texas, RGV lose if...

There is no translation available.Talks to renegotiate NAFTA have stalled, and for those in favor of the...

26
10月2017

Mexico Feels Mortgaged to Nafta....

There is no translation available.It's not just trade. Suddenly the nation is realizing how much of its...

25
10月2017

BANK OF AMERICA: 2 charts...

There is no translation available.It's no secret that President Donald Trump isn't a fan of NAFTA. Throughout...

18
10月2017

How Trump is about...

There is no translation available.President Trump has called the North American Free Trade Agreement “the worst deal...

13
10月2017

Trump’s Tough Talk on Nafta...

There is no translation available.WASHINGTON — The North American Free Trade Agreement, long disparaged by President Trump...

09
10月2017

How NAFTA Talks Could Fail

There is no translation available.As nearly 700 officials gather this week to discuss overhauling the free-trade agreement...

04
10月2017

ArcelorMittal to invest $1 billion...

There is no translation available.ArcelorMittal plans to invest $1 billion over the next three years in Mexico. The...

29
9月2017

Mexico opens way for NAFTA...

There is no translation available.OTTAWA (Reuters) - Mexico on Wednesday opened the possibility that talks to revamp...

«
»