The U.S. current account deficit shrank sharply in the third quarter, falling to its lowest level in four years as tariffs ...

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THERE APPEARS to be a broad consensus across the different sectors of our society that fiscal deficits are to be avoided.

In the second quarter of 2024, China reported a customs surplus of $250 Billion, a services deficit of $60 billion—and a current account surplus of only $50 billion. The gap between the current ...