Word: surplus
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...much is the deal worth? Two-way trade in goods and services between the countries is worth about $28 billion a year, with a $9 billion trade surplus to the U.S. Mutual direct investment is worth $60 billion. Once the FTA comes into effect (and it could be as early as Jan. 1, 2005), all American farm products and more than 99% of U.S.-made goods will land in Australia duty free. The share of Australian exports with that status will be smaller, because U.S. farm protection is extensive and will remain so. American producers estimate that they could sell...
...dredged from some military warehouse. Tyler has already made a vigorous—and convincing—case that his planned vessels are not in the least mallard-esque, nor are they warlike. (They are, he contends, merely a transcendent kind of bus, separate from the Patton-era DUKW surplus vehicles familiar to many...
...Affairs Subcommittee of the House's International Relations Committee, says that future conflicts with Beijing will be "more about geo-economics than geopolitics" and that it's "largely up to China" to ease tensions. In 2002, China, at $103 billion, surpassed Japan as the country with the largest trade surplus with the U.S. The Bush Administration had a chance to raise some of these issues with Chinese Premier Wen Jiabao when he visited Washington in December. But there were few signs that trade issues were a big concern. Wen accepted the 19-gun salute he received on the South Lawn...
...China became a vital link in the global supply chain. Some Dell notebook computers from China, for example, are made by a Taiwan-owned company called Compal using Taiwanese circuitry, a U.S.-made Intel chip and a screen from Korea. All those imported parts explain why, despite a trade surplus of $123 billion with the U.S. last year, China's worldwide surplus was a slim $25.6 billion. As America's imports from China have risen, its imports from Taiwan, Singapore and Japan have declined. China has achieved this critical global role not by protecting its economy but by throwing...
...budget increased by nine percent, to $804.1 million, but the budget surplus was nearly eliminated—decreasing from $22.6 million to $2.4 million...