may be you should concentrate on China, Japan & Germany first if you really wanted to correct the trade deficit problem rather than Canada & Mexico.
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Back in the olden days.. ;-) the US paid its bills using tariffs rather than income taxes.
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Econ 100: a person can have a huge trade deficit with the grocery store, that does mean the grocery store is exploiting that person. Canada has a small population, they cannot buy more stuff.
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