Only if it reduces employee compensation(s)...Your bosses there at AFT say it won't.
Trade deficits don't matter unless they are purchases by the US Government. Private transactions that cause such deficits are voluntary made by those on each side of the transaction: I choose to buy a good because I'd rather have it than my money; the seller of the good would rather have my money than his good. Net transaction means that I have something, and he has a few pieces of paper.