The Sun Daily
KUALA LUMPUR: In the calculus of international trade, perception is power. Nowhere is this more evident than in the way the United States (US) calculates and presents its trade deficit.Since the 1980s, successive American administrations have focused almost exclusively on merchandise trade — exports and imports of tangible goods — while quietly downplaying…
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Why America excludes sales, services from its trade deficits: Strategic blind spot in Asia
Dion Lupo
12:25
KUALA LUMPUR: In the calculus of international trade, perception is power. Nowhere is this more evident than in the way the United States (US) calculates and presents its trade deficit.Since the 1980s, successive American administrations have focused almost exclusively on merchandise trade — exports and imports of tangible goods — while quietly downplaying…
