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Trump's new global tariff aims to balance payments, but is it even needed? Here's what experts say
New 10% US import duties took effect Tuesday, following the Supreme Court's rejection of President Trump's previous tariff framework. While the administration cites a balance of payments deficit, ...
MUMBAI, Sept 5 (Reuters) - The Indian rupee held near a lifetime low on Thursday despite intervention by the country's central bank, with traders and analysts expecting persistent pressure on the ...
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How should you view a balance of payments deficit?
The balance of payments is a double-entry accounting system that's based on corresponding debits and credits. Its purpose is to record payments and receipts from the residents of one country with ...
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