2026-01-10 08:26:52

In 2024, the US trade deficit has reached $918.4 billion, the second worst since 1960. Behind this seemingly simple statistic, there are actually more complex economic issues.

The US dollar's status attracts global capital inflows, which in turn pushes up the trade deficit. Additionally, Americans are inherently high consumers with low savings—imported goods are increasing, while exports are shrinking. Why? Manufacturing has long been outsourced, so export competitiveness naturally weakens.

The Trump administration tried to reverse this trend by imposing tariffs. But what was the result? Business costs increased, and inflationary pressures intensified. Clearly, this is not a long-term solution.

Economists generally believe that the root cause of the trade deficit is an imbalance in the economic structure itself. What can tariffs solve? What is needed are fundamental adjustments to fiscal policy and stabilizing the dollar's value, rather than simply increasing tariffs.

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GasFeeNightmare

· 01-10 14:01

The tariff law is good, but inflation follows. It's a classic case of drinking poison to quench thirst.

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airdrop_huntress

· 01-10 08:57

Tariffs can't fundamentally solve the problem; the American industrial chain has already been hollowed out. Now you're only regretting it?

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rugpull_survivor

· 01-10 08:56

Tired of the same old rhetoric about tariffs, and the US dollar is bleeding the world dry—do they still have the nerve to talk about unfair trade? Manufacturing has already moved to Asia, and it's too late to regret now.

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SchrodingerWallet

· 01-10 08:55

Imposing tariffs is truly drinking poison to quench thirst... When corporate costs rise, ultimately consumers will foot the bill. The side effects of dollar hegemony, such as manufacturing hollowing out... cannot be reversed with just one or two policies. This is a genuine structural economic crisis, more frightening than the numbers themselves.

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GasFeeGazer

· 01-10 08:54

Manufacturing has all moved to Asia, and you still think tariffs can save the market? That's just closing your eyes and stealing a bell. Inflation is about to rise again.

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SerRugResistant

· 01-10 08:30

The whole tariff thing has been played out long ago; it's just a superficial fix. Where have all the American manufacturing industries gone? A $900 billion trade deficit... it's really just a consumption machine that keeps turning. If you insist on using tariffs to address structural issues, in the end, won't ordinary people still have to pay the price? The US dollar siphons global capital—it's satisfying, but the aftereffects are huge. Fiscal adjustments are needed, industries must transform; just adding tariffs won't solve everything. This round of economists are not wrong; the core issue isn't about the two tricks of trade wars.

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