Global Trade Deficits? America is the World's Largest Exporter of Services
Summary by NRC Handelsblad
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Global Trade Deficits? America is the World's Largest Exporter of Services
In setting his ‘reciprocal’ tariffs, Trump looked only at the trade balance of goods. But America has long ceased to be a blue-collar economy. If you include services, you see a much more nuanced picture.
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