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US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs ...
According to Forbes, "There appears to be little Trump, Biden or any president can do about trade deficits, despite vowing to bring back manufacturing to the United States, which remains the world ...
The difference results in a trade imbalance with a trade deficit for the US and a trade surplus for China. On an a larger scale of comparison, the U.S. holds the largest trade deficit in the world ...