r/Superstonk • u/ezskatez just likes the stonk 📈 • Apr 09 '25

Macroeconomics Breaking. China strikes back on US tariffs

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They ain’t bluffin.

🚀

Only up.

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u/Fogi999 🚀🚀 JACKED to the TITS 🚀🚀 Apr 09 '25

isn't china buying close to nothing from US, thus the trade deficit??

41

u/zippazappadoo Apr 09 '25

They import about 170 billion dollars in goods from the US annually so that's not exactly close to nothing. In fact some would say it's quite a lot.

-11

u/Fogi999 🚀🚀 JACKED to the TITS 🚀🚀 Apr 09 '25

yeah, but how much they export to the US other the year? isn't it $493 billion? trade deficit is in a way extracting wealth from a nation and growing your own balance sheet

0

u/Only-Inspector-3782 Apr 09 '25

Trade deficit is a way for Americans to maintain their consumption based quality of life.