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The U.S. Already Has a Trade Surplus with the U.K.
The U.S. Already Has a Trade Surplus with the U.K.
May 8, 2025 at 8:09 am EDT By Taegan Goddard 47 Comments
https://politicalwire.com/2025/05/08/trumps-first-trade-deal-is-with-country-u-s-has-a-trade-surplus/
Axios: “The U.S. had a trade surplus with the U.K. of nearly $12 billion in 2024. It’s of the few major countries with which the U.S. doesn’t run a deficit.”
Paul Krugman: “But back to that UK ‘deal.’ Nobody knows what will eventually come out of it, but we can be sure of one thing: It won’t lead to any significant opening of the British market to U.S. goods. Why? Because that market was already wide open before Trump stomped in.”
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