Trade deficit happens when one country such as the U.S. buys more products from a country like China than it sells to that same country.
Business investment has continued to lag during this recovery except for 2018 because the tax bill incentivized spending in that year.
Quantitative Tightening was the Federal Reserve’s short-lived and unsuccessful plan to try and reduce its balance sheet.
Why Tax Cuts, Combined With the Federal Reserve Reducing Its Balance Sheet, Is So Risky for Our Economy
Fed reducing its balance sheet combined with the tax cuts puts pressure on a bond market at a time when the Federal Reserve is raising rates.
Exports, the whole world, cannot increase them because someone has to buy them. And it can’t be just the U.S. consumer who buys them.