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beloch 20 hours ago

A trade (money) deficit is a goods surplus. The U.S. is getting more stuff than they can make themselves because the world likes to invest in the U.S. and American consumers are still confident enough that they're not socking away savings. Only if Trump succeeds in driving away foreign investment and shaking the confidence of American consumers can he reduce the trade deficit. That won't be pleasant for Americans, but Trump sure seems to be off to a solid start.

cma 12 hours ago | parent [-]

That's the overall trade defecit and you can argue about that, can be fine during periods of growth, etc.., but trying to have no trade deficit with each country on an individual basis makes no sense. It's almost like moving back to barter with no medium of exchange.