When did the U.S.begin to experience a trade deficit?

Name: When did the U.S.begin to experience a trade deficit?
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The U.S. began to experience a significant trade deficit in the 1970s as a result of a combination of factors, including the increase in global competition, the rise of importing cheaper goods, and the increase in U.S. foreign debts. Prior to the 1970s, the U.S. had traditionally been running a trade surplus.

When Did the U