United States trade deficit
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... s Trade Deficit The existence of a USA merchandise trade deficit since 1980s is due to the existence of a strong economy. This is on theother hand having increased the Americans appetite for foreign goods such as cars, clothing's, TVs and other electronics goods. Strong US Dollar that makes U.S.-made products more expensive to foreign buyers also causes the continued trade deficit. Despite its current trade deficit, American economy is viewed as healthier than other world economies that have been mired by worldwide slump. (AP/CBS, Washington, May23, 2003)
According to Daniel, the current account deficit is not a problem. The history of U.S economy shows that, the country has been doing well internat...