Trump Announces $1.3 Billion In Sales Of 'Gold Card' Visas Since Dec. 10
https://www.zerohedge.com/political/tru ... sas-dec-10
While Chinese exports to the US fell by about 69 per cent from the start of Trump’s second term through September, China simply redirected its goods to other trading partners.
As a result, China’s exports are projected to increase by about 8 per cent in 2025, and its trade surplus has exceeded US$1 trillion for the first time.
His One Big Beautiful Bill will almost certainly widen the current-account and trade deficits. In the first nine months of 2025, the US trade deficit was already 17 per cent larger than during the same period in 2024.
The combined effects of tariffs and fiscal expansion will stoke inflation, while capital inflows, dollar appreciation and weaker global growth will reduce demand for US exports.
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