floofloof@lemmy.ca to News@lemmy.worldEnglish · 7 days agoTrump Adviser Releases Insane List of Demands for Tariffed Countriesnewrepublic.comexternal-linkmessage-square48fedilinkarrow-up1252arrow-down16cross-posted to: world@lemmy.worldboycottus@lemmy.ca
arrow-up1246arrow-down1external-linkTrump Adviser Releases Insane List of Demands for Tariffed Countriesnewrepublic.comfloofloof@lemmy.ca to News@lemmy.worldEnglish · 7 days agomessage-square48fedilinkcross-posted to: world@lemmy.worldboycottus@lemmy.ca
minus-squareShadowRam@fedia.iolinkfedilinkarrow-up6·7 days agoMakes me wonder, Do they calculate all the software / subscriptions / services that are being sold by US companies in their ‘trade’ calculations? I’m willing to bet, US is already exporting more than importing if you put those into the equation.
minus-squareMbourgon everywhere@lemmy.worldlinkfedilinkarrow-up4·7 days agoNo, services were left off.
minus-squareSerinus@lemmy.worldlinkfedilinkarrow-up7·7 days agoI didn’t believe you. Here’s a source showing you’re right. https://www.nytimes.com/interactive/2025/04/04/upshot/trump-tariffs-reciprocal.html The Trump administration calculated the trade deficit using only goods — physical items that can be shipped — and not services, such as technology, media, banking and tourism. (A DVD counts; a Netflix subscription doesn’t.)
Makes me wonder,
Do they calculate all the software / subscriptions / services that are being sold by US companies in their ‘trade’ calculations?
I’m willing to bet, US is already exporting more than importing if you put those into the equation.
No, services were left off.
I didn’t believe you. Here’s a source showing you’re right.
https://www.nytimes.com/interactive/2025/04/04/upshot/trump-tariffs-reciprocal.html