Why the Trade Deficit Is Actually a Services Story Now

The U.S. trade deficit has widened to $60.3 billion in March 2026, but the real story isn't goods—it's services. Lucas and Luna break down how America's surplus in services trade is shrinking, why digital exports like streaming and cloud computing are getting harder to sell abroad, and what that means for the overall balance of payments. They anchor the discussion in concrete numbers: the services surplus has dropped from $280 billion to under $220 billion over the past three years, while goods deficits keep expanding. Along the way, they touch on how the Iran conflict is hitting energy imports and why the strong dollar isn't helping export competitiveness as much as expected. #TradeDeficit #ServicesTrade #BalanceOfPayments #USDollar #Imports #Exports #DigitalTrade #CloudComputing #Streaming #IntellectualProperty #CurrentAccount #IranWar #EnergyPrices #Inflation #FederalReserve #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo