USA has not experienced a trade deficit of goods every year of the past half century?
yes dear but
1) goods and services show no deficit. ...
... Do you understand now??
Edward Baiamonte, USA’s total annual trade balances are the global trade in goods and our service products.
Both our goods and service balances generally move in unison but goods are proportionally a much greater, and services are a much lesser contributors to our total global balances.
Our annual net balances of global trades, and the balances’ segments of both goods and of service products’ traded are ALL entirely negative; (i.e. they’re ALL of net trade deficits.
USA global annual trade in aggregate and that of goods and of service products have and they continue to be annual trade deficits.
Prior to 1976, USA’s better performing service products’ global trades offset our global trade deficits’ of goods and we had proportionally small annual net global trade surpluses of aggregate products.
Every year in the past 39 years, we suffered annual global trade deficits of exceedingly greater proportions and amounts with regard to both goods and service products.
Respectfully, Supposn