A shifting perception of the United States amid President Trump’s trade war is prompting Europeans to pivot decisively away from U.S. goods and services.
America sells a ton of services. Netflix, Amazon, Uber, Visa, Mastercard etc. Its possible to cut most out but very difficult to cut it all out in Canada. Perhaps it’s easier in Europe.
This is the part of the ‘trade deficit’ story he and his supporters intentionally leave out. America has a massive trade surplus when it comes to exporting services.
America sells a ton of services. Netflix, Amazon, Uber, Visa, Mastercard etc. Its possible to cut most out but very difficult to cut it all out in Canada. Perhaps it’s easier in Europe.
This is the part of the ‘trade deficit’ story he and his supporters intentionally leave out. America has a massive trade surplus when it comes to exporting services.