US has a $300 billion trade deficit with China
The U.S. imported $438.9 billion worth of goods from China in 2024, according to the Census Bureau. The US exports around $140 billion a year to China.
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The U.S. imported $438.9 billion worth of goods from China in 2024, according to the Census Bureau. The US exports around $140 billion a year to China.
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US stock futures sank on Thursday, pulling back after the major indexes staged a historic rally amid concerns that President Trump’s broad trade offensive has become a direct confrontation with China.See Yahoo Finance
The markets roared back today and all is good again in America.
We feature on our webinar today Sales Empowerment Group and Sean Carson on growing revenues in a changing economy. A great topic for today.
At some point President Trump will I believe start to cut trade deals with some of our larger trading partners. It’s pretty clear he won’t start with small trading partners and give away his deal terms on smaller deals. When he does cut deals, we expect the market will recover
Former Treasury Secretary Larry Summers says we are more likely than not to see a recession and that could lead to 2 million jobless. This is if the trade war continues. Warren Buffett says it brilliantly as always. You can’t do good deals with bad people. You can’t fit a
One Goldman Sachs strategist says he is starting to see investors buy the dip but the order book is still very soft. Leading investor Dave Stafman is playing the golf of his life and making up for market losses on the golf course. He is taking money like Michael Jordan
The markets dropped heavily late yesterday. Futures are down this morning but not as bad as many had feared. We are close to a bear market meaning a 20% drop from recent market highs. When I looked late yesterday the S&P 500 remained up 80% in aggregate over the last
14 short notes this morning 1. The markets dropped heavily late yesterday. Futures are down this morning but not as bad as many had feared. 2. One Goldman Sachs strategist says he is starting to see investors buy the dip but the order book is still very soft. 3. Former
I’m for a zero tariff world and I don’t like the uncertainty this is causing but god I do love watching a President unabashedly trying to pursue US interests. I know it’s more complex than that but there are pieces of this I really respect.
We have an amazing agenda for this years Becker’s Healthcare Annual Meeting. Come join us in Chicago. For more information reach Jessica Cole or Virginia Egizio, CMP. We can’t wait to visit. On a different note, March was the best month of downloads on the Becker’s Healthcare podcast in more
Come join me at the Beckers Healthcare Annual Meeting in Chicago. An outstanding gathering. The very best.
The Motley Fool says don’t buy Apple or Wayfair. It has no comments on my putting which is horrible.
I saw today that Harvard is looking to borrow $750 million due to the potential cancellation of $9 billion in federal grants and contracts. Now mind you Harvard has the largest university endowment in the world. The $9 billion number to me and the amount of money and
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Scott Becker
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