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A comment on U.S. Goods Trade Deficit Declines to Smallest in Three Years. Parent comment

Re:U.S. Goods Trade Deficit Declines to Smallest in Three Years by deepsun on Wednesday January 01, 2020 @06:20AM (#21927623)
Nope, trade deficit is capital outflow. US spends dollars (or gold reserves) to buy goods that are mostly consumed.
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Re:U.S. Goods Trade Deficit Declines to Smallest in Three Years by hylaride on Wednesday January 01, 2020 @08:41AM (#21927954)
But those dollars need to be spent and the easiest place to either spend or stash them is back in the US.

Also, the trade deficit doesn’t measure services, of which the US has a surplus last I checked.

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