Iraq Bulletin

Tag : trade deficit

Business

Data show Trump trade war failed to cut US China trade gap

iraqbulletin.co
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with China largely intact. The tariff program began in 2018 under a federal trade......
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Japan records $43 billion digital trade shortfall amid US tech dominance

iraqbulletin.co
Japan’s digital trade deficit hit a record $43 billion in 2024, driven by heavy reliance on US tech services like cloud, online ads, and licensing, according to Finance Ministry data....