The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.
Tag: United States Economy
Top U.S. Treasury Officials to Visit Beijing for Economic Talks
A meeting of the new economic working group comes as the U.S. and China are trying to prevent any escalation of hostilities.
U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
New U.S. Solar and Electric Car Factories Face Familiar Challenge: China
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
World Bank Warns of Energy Price Surge if Mideast War Spreads
A new economic report predicted a year of weak growth and said the world faced a decade of “wasted opportunity.”
Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
Lawmakers Call for Raising Tariffs and Severing Economic Ties With China
A bipartisan report recommended stripping China of the low tariffs the United States granted it two decades ago, among other actions.
U.S. and Mexico Try to Promote Trade While Curbing Flow of Fentanyl
In her Mexico City visit, Treasury Secretary Janet L. Yellen sought to deepen economic ties while countering drug trafficking.
Europe and Asia React to U.S. Push for Tech and Clean Energy
Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.