why US didn't count its profit from export services i.e. visa, master, franchise, windows OS, android OS?
MuSsa1788
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Bullish
China sells approximately 500 billion dollars worth of goods to the United States every year, while it only buys 150 billion dollars worth of goods from the United States. This means that China is benefiting from trade by 350 billion dollars. But this issue is not that simple. Not all of these products are made by Chinese companies. Many American and European companies set up their factories in China. The products are made in China, but they actually belong to American companies. For example, the Apple phone is made in China, but it is an American company, and that phone ultimately gets sold in the United States or other countries. Similarly, many vehicles that are made in China also belong to American or European companies. #TariffsPause $ADA
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