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3. The net of trade and capital flows is zero. In other words, foreigners who export to America in exchange for dollars have to get rid of those dollars someho
by abtinf 1y ago
3. The net of trade and capital flows is zero. In other words, foreigners who export to America in exchange for dollars have to get rid of those dollars somehow. If they aren’t buying American goods and services, their only option is to save/invest in America. Tariffs cut off this investment stream into America.
- sharemywin 1y agoAmerica’s trade surplus in services rose to $293 billion in 2024, up 5% from 2023 and up 25% from 2022, according to Commerce Department data.