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?
但是把贸易逆差降到足够低的水平，低到可以弥补地产泡沫破裂带来的损失，是需要很多时间的。
But it will probably be a long time before the trade deficit comes down enough to make up for the bursting of the housing bubble.
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.
美国需要出口更多的工业产品来缓解贸易逆差，以此偿还世界上其他国家的债务。
The U.S. needs to export more manufactured products to shrink the trade deficit and pay its debts to the rest of the world.
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.
在1970年代与1980年代，监管机构还担心通胀效果或贸易逆差。
In the 1970s and 1980s, they might have worried about the effect on inflation or the trade deficit.
与此同时，他指出，美国对中国的巨大贸易逆差，助长了美国的保护主义情绪。
At the same time, he noted that the huge U.S. trade deficit with China is fueling protectionist sentiment in the United States.
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.
他们也保证努力减少贸易逆差。
They also vowed to increase efforts to reduce trade imbalances.
他们也保证努力减少贸易逆差。
They also vowed to increase efforts to reduce trade imbalances.
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