2 ms·
No there isn’t a reason to do that, but I want to call out that you asked about “critical” industries and this is a thread about tariffs which the admin put on
by lovich 10mo ago
No there isn’t a reason to do that, but I want to call out that you asked about “critical” industries and this is a thread about tariffs which the admin put on all products, including inputs to industries.
Don’t compare apples to tennis balls.
And in regards to the trade deficit, everytime I look at it the numbers it only includes physical products and not services. We’re a heavily service based economy since producing a Facebook is several steps down the tech tree from producing screws.
So again I will ask why a trade deficit on products is bad. We’re just buying shit from less complex economies or ones where the comparative advantage of trade works out. We’re not getting ripped off.