The $100-a-barrel oil will be good for Saudi Arabia and other petroleum exporters. The nearly 60 percent jump in the value of iron ore imports will be welcomed in Brazil.
China’s surprise trade deficit for the first three months of the year — its first quarterly trade shortfall since 2004 — might spell a windfall in many places around the world. What’s less clear is what it means for the United States, the nation where China’s trade dominance has been most politically charged and where politicians have argued most pointedly for more balanced ties.
Your Comments