贸易逆差是一次经济快速发展带来的负面产物。
The trade deficit is the flip side of a rapidly expanding economy.
美国的贸易逆差在第三季度增加到恰好低于300亿美元的水平。
The US trade deficit grew to just under $30 billion in the third quarter.
贸易逆差不增反减使得大多数分析家大吃一惊。
The trade gap surprised most analysts by shrinking, rather than growing.
上周美国商务部报告称，6月份的贸易逆差接近500亿美元，这引发了新一轮的经济末日预言。
When the Commerce Department reported last week that the trade deficit in June approached $50 billion, it set off a new round of economic doomsaying.
但是，假如人民币升值，贸易逆差的纠纷能否得到解决呢？
But will disputes over the trade deficit be solved if the yuan is appreciated?
美国仍然是消费多于生产，留下了长期性的贸易逆差。
The US still consumes more than it produces, running a chronic trade deficit.
美国最主要的问题——高失业率，贸易逆差，高国债——都是这个原因引起的。
America's major problems - high unemployment, the trade deficit, high public debt - all trace back to it.
如果中国出现贸易逆差，这也将明显推动人民币在海外的流通。
If China were to run trade deficits, that would also significantly boost the overseas circulation of Chinese currency.
美国对中国的贸易逆差增长显著(见图4)。
America's trade deficit with China has been rising relentlessly (see chart 4).
贸易逆差也会随之收缩。
尽管美元的确出现了贬值，但美国贸易逆差的问题依然存在。
But though the dollar did weaken, America's trade deficit remained a problem.
美国贸易逆差的组成很有可能改变，但是会不会造成有规模的大幅变化还不清晰。
The composition of America's trade deficit is likely to change, but it's not clear that there would be a big shift in its size.
这也导致美国贸易逆差急剧下降，也就意味着再平衡过程完成了一半。
That has led to a sharp reduction in the US trade deficit, and meant that the rebalancing process was half complete.
在他们看来，汇率的调整只是依托，他们想要的是贸易逆差转为零，甚至转为顺差。
To them, currency revaluation is a proxy for reducing the trade deficit to zero - or better yet, turning it into a surplus.
在他们看来，汇率的调整只是依托，他们想要的是贸易逆差转为零，甚至转为顺差。
To them, currency revaluation is a proxy for reducing the trade deficit to zero -or better yet, turning it into a surplus.
美联储这一强势立场会导致美元贬值，有望扭转美国的贸易逆差，拉动国内经济增长。
The Fed's aggressive stance will chisel away at the dollar, helping to narrow America's trade deficit and boost growth.
如果美国正视出现巨额多边贸易逆差的原因，它将收获多得多的好处。
The US would be far better served if it faced up to why it is confronted with a massive multilateral trade deficit.
二月和三月的数据是有效的，贸易逆差缩减小于预期。
In February, the latest month for which data are available, the trade deficit shrank less than expected.
这将刺激他们的出口同时抑制进口，从而帮助缩减贸易逆差。
This will stimulate their exports and curb imports, thereby helping to slim the trade gaps.
同时，美元的贬值将会缩小美国的贸易逆差，减少美元的年度供应。
At the same time, the dollar's reduced value will shrink the US trade deficit, reducing the annual supply of dollars.
美国还需要人民币升值以减少贸易逆差、缓解累积的债务负担。
The US also needs the renminbi to rise in order to reduce the trade deficit and alleviate the burden of accumulated debt.
英国与欧盟之间的贸易逆差甚至可以转移人们的注意力。
最大的谬论是，人民币升值将极大的减少美国的贸易逆差。
The biggest myth of all is that a revaluation of the yuan would greatly reduce America's trade deficit.
排除掉这些因素之后，美国对中国的贸易逆差将缩水一大半。
Knock out these and America's bilateral deficit with China shrinks by more than half.
但希望那些拥有较大贸易逆差的国家，尤其是美国作出相反的举动。
Countries with big deficits, especially the U.S, were expected to do the opposite.
但希望那些拥有较大贸易逆差的国家，尤其是美国作出相反的举动。
Countries with big deficits, especially the U.S, were expected to do the opposite.
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