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Of course it is not easy to solve the problem of the trade deficit, and as you say taxes on imports or something like that wouldn't cause other problems. But it would work the other way around: If the USA would be able to raise their exports, the deficit would be smaller too, and this should be possible in a free market.

You are right that there are several industrial countries which have a trade deficit, but as you may know, I am a Swiss, and Switzerland has a positive trade bilance and has had it for years.

I think this is respectable because we have almost no resources (no oil, metal gas or whatsoever) we are a small country, don't have too much geographical advantages and we are lacking whole economical branches (we don't build cars or electronical entertainment devices for example).

Looking at this, I really don't understand why a country like the USA that would have the potential to produce almost everything at home has such a huge deficit in its trade bilance.



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