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