World News

503 readers

616 users here now

Please help and contribute as we vote on rules:
https://quokk.au/post/21590

Other Great Communities:

Rules

Be excellent to each other

founded 10 months ago

MODERATORS

254

submitted 4 months ago by mc900ftJesus@lemy.lol to c/world@quokk.au

54 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] SoleInvictus@lemmy.blahaj.zone 6 points 4 months ago* (last edited 4 months ago)

From 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!