Martin Crutsinger
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/ 11 September 2007

US trade deficit declines slightly

The United States trade deficit declined slightly in July as record exports of farm goods, autos and other products offset a big jump in foreign oil prices. The deficit with China hit the second-highest level yet, reflecting strong demand for Chinese-made goods despite a string of high-profile recalls.

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/ 8 September 2007

Bush defends economic record

The Bush administration defended its economic record on Friday, following a report that showed the economy lost 4 000 jobs in August, the first job loss in four years. The administration said that the tax cuts enacted in Bush’s first term in office were ”helping keep our economy strong, flexible and dynamic”.

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/ 11 May 2006

Critics upset with US stance on Chinese currency

Critics complain the Bush administration once again dropped the ball by failing to cite China for a currency system they see as a prime culprit in the loss of millions of United States manufacturing jobs. The administration said in a report to Congress on Wednesday that China moves too slowly to reform its currency system, but isn’t technically a currency manipulator.