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Re: President Trump 2.0
One country was noticeable by its absence from the "reciprocal tariffs" list, even though the USA had a $2.5 billion goods trade deficit with it in 2024…
https://ustr.gov/countries-regions/e...eurasia/russia
Quote:
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U.S. total goods trade with Russia were an estimated $3.5 billion in 2024. U.S. goods exports to Russia in 2024 were $526.1 million, down 12.3 percent ($73.5 million) from 2023. U.S. goods imports from Russia totaled $3.0 billion in 2024, down 34.2 percent ($1.6 billion) from 2023. The U.S. goods trade deficit with Russia was $2.5 billion in 2024, a 37.5 percent decrease ($1.5 billion) over 2023.
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And $450 million deficit so far this year…
https://www.census.gov/foreign-trade/balance/c4621.html
The USA also had a (small) trade deficit with another country not on the list…
https://www.census.gov/foreign-trade/balance/c4622.html
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