trade war
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Budgeting
The Best Savings Opportunities in 2020
When we entered 2019 one year ago, businesses and consumers, alike, were concerned about the economy. During that time, trade relations between the US and China escalated. In addition, the Federal Reserve hiked interest rates several times in 2018, with more increases planned for 2019. Just as importantly, the stock market plummeted and reached alarming lows. However, one year later,…
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Budgeting
How the China Deal Can Save You Hundreds of Dollars
American households saw their living expenses go up over the last two years. The ongoing US-China trade war is one of the main reasons. However, earlier this month, the two countries reached a partial agreement. The Trump Administration agreed to cancel levies on Chinese imports, including laptop computers and smartphone devices. Moreover, American farmers will sell to China soybeans and…
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Budgeting
How Brexit Impacts American Consumers
This week, the Conservative Party won the parliamentary and UK prime minister election in a landslide. As a result, the Tory government will almost certainly conclude Britain’s departure from the European Union (EU). Equally as important, if Prime Minister (PM) Boris Johnson delivered Brexit today, his Conservative government will immediately aim towards reaching a trade deal with the US. Even…
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Budgeting
Trade and Your Wallet
During the last few years, international trade took center stage. Today, it is even more important to analysts, media pundits, investors, and other economic players. Above all else, issues related to the China tariffs list, the potential USMCA trade agreement, and Brexit have a direct impact on household budgets. To clarify, volatile trade relations translate to unstable food, energy, and…
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Stock Market
Surprising Facts You May Not Know About the Trade Deficit
The trade deficit and resulting trade war with China have been the talk of the financial town for the last couple of years, as well as extensively covered in mainstream news. Most have heard about the fact that we have a deficit, meaning we import more than we export. However, there are some surprising facts about the trade deficit you…
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