3 ms·
There seems to be some confusion about this in the comment so far: a trade deficit is different from a budget deficit and the two aren't really connected. A tra
by sethev 11y ago
There seems to be some confusion about this in the comment so far: a trade deficit is different from a budget deficit and the two aren't really connected. A trade deficit means that the people of the United States, in aggregate, import more stuff then they export. This has nothing to do with the national debt or government budgets.