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.
Simplistic idiocy.
Net transaction means that I have something, and he has a few pieces of paper.
The globalist mantra.