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US: trade deficit poised for new records in 2021
Donald Trump was obsessed by the size of the trade deficit, especially with China. He saw it as a US weakness. His trade war aimed to correct this imbalance by taxing imports. With the agreement signed in early 2020, China also undertook to increase its purchases of US products but the pandemic put this goal out of reach. The external balance is not a target for Joe Biden. He is increasing stimulus measures to beef up domestic demand. This will also stimulate imports and widen th...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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