Credible economists do not refute annual trade deficits detrimental affects upon their nation's GDP.
I believe you'll find creditable economists do not refute that due to USA's annual trade deficits, the nation's domestic production was less than otherwise; (i.e. the nation's domestic products...
Contentions of credible economists.
(1) Trade deficits indicate the nation has purchased greater values of products than it has produced. Due to USA's chronic annual trade deficits our domestic production has been less than otherwise; (otherwise being if a greater proportion of USA's spendings...