Trade Deficit: I disagree a little. the benefit is that some companies are bringing manufacturing back to the US. I also read an article the other day (I will try to find it) where European companies are moving more facilities to the US. Just my observations.
I wouldn't dismiss the weak dollar impact from one stat. I think it's a long term change and I think there are US companies that are benefitting. The impact may be a change in trend and not an absolute change from trade deficit to trade surplus. Bobwins