>Too many big words.
Smaller words:
The trade deficit is not bad. It is just a result of the US economy being attractive to foreign investors.
Simpler (more accurate) words still: "It is just a result of the PRODUCTS of the U.S. economy (manufactures of goods and services) NOT being attractive (i.e., "competitive") to foreign BUYERs. Investors included."
The only thing that is "competitive" is the willingness of the special-interest Government cabal issuing debt in our name...backed up by our onerous taxes...at rates that still attract buyers at all. You are spending worse than a drunken sailor. At least a drunk sailor is spending his own money.