Have you ever thought that the trade imbalance is directly related to the strength of the dollar? If the dollar weakens, exports will rise, merchants will buy more domestic product and agriculture exports will also go up. Oil imports will go down as domestic oil producers will ramp up to cash in on profits.
Currency strength and weakness has a great impact on exports and imports. Why do you think the Chinese manipulate their currency so audaciously? One of the sore points Trump has with China is currency manipulation.
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