Trump on Australia's Tariffs

[Thiel]

That is what Trump said.... how would I know, I only go by what Trump says.

He talks all the time about countries having an unfair trade surplus with America.

[Reggie Essent]

He talks all the time about countries having an unfair trade surplus with America.

Australia isn't one of those countries, I believe.

[Herman]

Australia isn't one of those countries, I believe.

It looks like the US has a trade surplus with Australia even if it is temporary. For trade in goods, America's trade surplus with Australia in 2022 was US$14.4 billion.

[caskur]

He talks all the time about countries having an unfair trade surplus with America.

We buy planes off the USA.... There are graphs showing neither the USA OR Australia owing each other anything.

 

[Thiel]

It looks like the US has a trade surplus with Australia even if it is temporary. For trade in goods, America's trade surplus with Australia in 2022 was US$14.4 billion.

Caskur wrote it that it looked like she was saying Australia was one of the few countries with a trade surplus with America when the opposite is true. She may not have meant to say that, but that is how she wrote it.

[Shen Li]

The U.S. goods trade surplus with Singapore was $2.8 billion in 2024, an 84.8 percent increase ($1.3 billion) over 2023.

Crude oil is our biggest import item from the US.