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Global Trade Deficits? America is the World's Largest Exporter of Services

Summary by NRC Handelsblad
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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NRC Handelsblad broke the news in Netherlands on Tuesday, April 15, 2025.
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