Japan, China, and many other countries that Trump says stole jobs buy bonds that help keep America afloat and prosperous.
Foreigners hold about 25-30% of US debt?
Run up debts and then fight with the creditor? Creditor could refuse to buy bonds, maybe demand higher interest.
So, Trump pays attention to the bond market. Last week, stocks went down but bond yields went up (to raise bond sales). Usually bond sales go up when stocks go down.
The US owns many services markets. Such as essential software for designing semiconductors and complicated electronic devices. Exports of software are not included in import-export figures, which are based on goods shipped into and out of countries. Many of these software companies each have revenues of tens of billions of dollars.
Youtube, Facebook? Add them into the import-export figures and a different picture emerges.
The entire service sector, including education, is not included.
When those figures are included, America's trade deficit is not so large.
What a frigging liar and cheat! And still people say they believe what he says. I bet most of his supporters know he lies, but support him because they are anti-social.
Trump seems to be about diverting attention from what he and his bunch are really trying to do. From their nature and past actions, most likely making money and avoiding taxes.
Talk crazy and divert attention to make money and avoid taxes.
