Import

And, well, I guess I should correct that because there has been an announcement from Washington in the last week that we are somehow miraculously going to

Imports.

There's a couple of sad, lonely tankers of Russian diesel.

Which

Yeah.

You know, there are, there are companies, there's billions of dollars that hasn't been refunded because importers haven't bothered to set up ACH refund.

Yeah.

There's non-resident importers all over the world that don't have American bank accounts-

Yeah

...

But the good news is, if you're in that situation, they recently, um, established a class action.

Class action.

It has everything to do with Donald Trump starting a war.

It would be easier to just end the war, but he's not willing to do that, so he's going to go to our adversary, Russia, and Import oil from them.

A lot of people are pissed off about it.

People in Europe, President Zelensky in Ukraine.

It is not a plan that needs one.

Third, and this is where my Yorkshire Post column this week comes in, under the title Exported Brains, Imported Bills.

Control, which no crash changes and no boom buys.

Last year, Microsoft's director of public and legal affairs in France, Anton Carnio, was asked under oath by a Senate inquiry whether he could guarantee that French citizens' data would not be handed to the American government without France's consent.

A gigawatt shed in Britain leased for fifteen years to one American tenant, financed by a vehicle that owns the chips and backstopped by a chip maker in California, is the meta structure with a Yorkshire postcode.

Its economics in a boom were described last week.

Imported brains, exported returns, half a job per megawatt.

Its economics in a bust are worse.

Trade deficits hit $105.6 billion.

with the b widest since before trump tariffs enacted last year before we dive in this link to this article is in the show notes below but let's get started the article reads the u.s trade deficit widened sharply in august amid an influx of goods related to the artificial intelligence build out and the vagaries of import tariffs we're going to talk about that Imports swelled 4.3% for the month, pushing the total imbalance to $105.6 billion.

That marked a 13.7% jump from July and was ahead of the Dow Jones consensus estimate for $102 billion.

It was also the steepest deficit since the all-time gap in March 2025, recorded by That number was recorded just before President Donald Trump's Liberation Day or reciprocal tariffs where he announced like a tariff war on everyone.