Source of the trade defecit
The biggest source of the problem is US companies offshoring manufacturing to China.
U.S. manufacturing, as measured by the number of jobs, declined 34% between 1998 and 2010. As these industries declined, so has U.S. competitiveness in the global marketplace.
Christ, even those lame "Make America Great Again" hats are made in bloody China.
Capitalism is eating itself.
Biting the hand that feeds IT
