mc900ftJesus@lemy.lol to World News@quokk.au · 9 days agoUS imposes 104% tariffs on Chinese goods effective immediatelym.economictimes.comexternal-linkmessage-square51fedilinkarrow-up1237
arrow-up1237external-linkUS imposes 104% tariffs on Chinese goods effective immediatelym.economictimes.commc900ftJesus@lemy.lol to World News@quokk.au · 9 days agomessage-square51fedilink
minus-squareSoleInvictuslinkfedilinkarrow-up6·edit-29 days agoFrom your source, the last sentence is The U.S. goods trade deficit with China was $295.4 billion in 2024, a 5.8 percent increase ($16.3 billion) over 2023. Doesn’t that confirm their assertion of a $200B+ trade deficit or am I confused? I’m not particularly economics savvy. Edit: derp, I reversed the meaning of their comment, they thought the US has the deficit. They got it backwards!
From your source, the last sentence is
Doesn’t that confirm their assertion of a $200B+ trade deficit or am I confused? I’m not particularly economics savvy.
Edit: derp, I reversed the meaning of their comment, they thought the US has the deficit. They got it backwards!