The majority of American's trade deficit with China has been caused by

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The trade deficit with China has largely been attributed to excessive spending and inadequate savings in America. This means that Americans are buying more goods and services from China than they are selling to them, resulting in a deficit. Additionally, Americans are not saving enough money, which means they are not investing in businesses and industries that can help to reduce the deficit. While cheap labor and American investment in China may have contributed to the trade deficit to some extent, they are not the primary causes.

The Majority of American's Trade Deficit with China Has Been