Know Your Washington Buzzwords
Deficit? Debt? Shutdown? Debt ceiling? NPR offers a guide to some of the political and economic terms you're likely to hear.
trade deficit
For Independence Day Fireworks, U.S. Depends On China
Nearly all the fireworks Americans will use to celebrate this Fourth of July are imported from China. But the domestic fireworks business is still booming.
China's Quarterly Growth Comes In (Again) At 6.8 Percent
China is hoping for a balance between its desire for an economy based more on consumption while at the same time trying to rein in rapidly increasing household debt.
America Has A Large Trade Deficit, But Economists Aren't Too Concerned About It
President Trump says the trade deficit that the U.S. runs with other nations must be slashed for the well-being of the country. But analysts say the deficit provides other benefits to the economy.
Trump Administration Strikes Trade Deal With South Korea
The agreement, which focuses on South Korean steel manufacturers and both countries' automakers, aims to chip away at a $10 billion trade deficit.
Commerce Department Urges Crackdown On Imported Steel And Aluminum
President Trump is considering imposing tariffs or quotas on imported steel and aluminum. The Commerce Department says action is needed to protect the domestic industries vital to national security.
Trump Is Worried About The Trade Deficit With Germany. He Needn't Be
Trump tweeted on Tuesday that the U.S. has a "MASSIVE" trade deficit with Germany that is "very bad for the U.S." But this isn't at all the right way to think about trade deficits.