What it does say is that the U.S./China trade deficit is unprecedented, and that there are optimistic, middle ground, and pessimistic opinions about it
Should country specific trade surpluses and deficits be seen as positive, neutral, or negative?
Today’s Detailed CommentariesWorld >> Economy: Should country specific trade surpluses and deficits be seen as positive, neutral, or negative?Why read: Because I believe that where a country runs continuous net trade deficits and increasing net cumulative trade deficits that is a bad thing in the context of the economic well-being of that country. Others disagree, and in the current economic environment where the United States – still the world’s most important economy – continuously:
