- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
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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
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.)