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LN24 > Blog > Trade Deficits
Xi Jinping Urges BRICS to Stand United Against Protectionism
09
Sep

Xi Jinping Urges BRICS to Stand United Against Protectionism

  • LN24 / 6 months
  • 0
  • 2 min read

At the virtual BRICS summit hosted by Brazil on September 8, 2025, China’s President Xi Jinping delivered a forceful message advocating for a robust multilateral trading system. He emphasized that unilateral trade wars and protectionist policies undermine the global economy particularly impacting developing nations and called for BRICS members to collaborate in resisting these trends. […]

President Donald Trump Suggests Market Drop Could Be 'Necessary Medicine' for Trade Deficits
07
Apr

President Donald Trump Suggests Market Drop Could Be ‘Necessary Medicine’ for Trade Deficits

  • LN24 / 11 months
  • 0
  • 4 min read

President offers insights on ongoing market downturn and critiques current administration’s trade policies. April 2025 — In a recent statement, U.S. President Donald Trump addressed the ongoing market selloff, suggesting that the downturn might be “necessary medicine” to address the United States’ trade deficits. Speaking candidly about the market’s struggles, Trump acknowledged that while the […]