Anyone who thinks a 600 BILLION deficit is fare trade is living in la, la land.
How much is your trade deficit with your local grocer, maybe your car dealer? Your logic is flawed that somehow trade needs to equal out. I should be able to buy at a price I agree to with anyone in the world. It is none of the governments business that they think I pay to little for a product. Are you a free person or aren’t you? Just another form of welfare, raise my prices in taxing a product so it can be transferred to a friend of government. My company has a huge trade deficit with me, I sell my labor for an obscene rate and buy little of their product.