At the same time, the US trade deficit with China has widened and China has become the country which has the largest trade gap with the US.

但同时，美国对华贸易逆差也不断扩大，中国现已成为美国第一大贸易逆差来源国。

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Fisher and I agree that the trade gap and the budget deficit are positives for stocks: the bigger the better. (Americans hold far too little debt, and anything that increases it is a plus.) He also celebrates the supply-side tax cuts, though he deems a negative for stocks the currently little noticed all-government budgetary surplus caused by the tax rate reductions.

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India's current-account deficit is driven mainly by a perennial trade gap.

WSJ: Subbarao Warns of Widest Current-Account Deficit

And this week it was reported that the U.S. trade deficit widened by 4.3% in January to its largest gap between imports and exports since October, 2008.

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