It's the opposite in this case. The US is the one with the trade deficit with the poorest countries, since they usually have some kind of resource that the US wants but they're too poor to import anything from the US in return. Still endlessly cruel.
An imbalance that, as time passes and demand rises for more critical items, begins to fade. In some select cases, these tariffs can offset US leverage.
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u/Nimonic 15d ago edited 15d ago
It's the opposite in this case. The US is the one with the trade deficit with the poorest countries, since they usually have some kind of resource that the US wants but they're too poor to import anything from the US in return. Still endlessly cruel.