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Business & Economics

Trump detests the U.S. trade deficit. Here's what it means.

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78% Informative

The U.S. trade deficit reflects strong domestic growth and consumption, especially relative to the weaker economic performance seen in many parts of the world.

Maintaining a deficit usually says little about the state of a country’s economy.

Countries with large trade surpluses tend to be heavy exporters of natural resources with relatively lower rates of domestic consumption.