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Article says "other Southeast Asian countries" though.
by rntksi 7y ago
Article says "other Southeast Asian countries" though.
- jeswin 7y agoAs long as those are countries that the US wouldn't eventually end up having a 4x trade deficit with, it should still be a good tradeoff for the US. That's a reasonable expectation since barriers for US companies to operate in those countries are lower than in China.
- rntksi 7y agoFYI 'those countries' mentioned in the article already have a big trade deficit, even bigger than 4x. Source: (e.g. Vietnam/US) https://www.census.gov/foreign-trade/balance/c5520.html https://www.census.gov/foreign-trade/balance/c5520.html And I can't see those SEA countries importing anything from the US soon. The demand isn't really there.