The US has had a trade deficit since 1975, so is the US trade deficit really such a bad thing?

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The US has had a trade deficit since 1975, so is the US trade deficit really such a bad thing?

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Anonymous 0 Comments

Not particularly bad, it means the USA is getting a higher value of stuff shipped in than shipped out.

The potential downside is that the USA could become too reliant on imports and unable to cope when something disrupts them or you have an issue when too much of your currency is controlled by foreign entities but none of those are necessarily issues, just potential issues.

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