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    March 21, 2017

    Trade is global, not a country-by-country balancing act

    The abandonment of the Trans-Pacific Partnership (TPP) and statements by both the president and the new US trade authorities seem to indicate that the US is turning towards bilateralism and is likely to consider the balance of trade as the variable on which to base its policies.

    November 2, 2015

    USA: Washington moves to reduce uncertainty

    This week, the Federal Reserve Bank and the Congress gave important steps to reduce the uncertainty of monetary and fiscal policies.