One of many reasons the U.S. is the alpha male of all the industrialized nations, is that we massively import capital from the rest of the world to these shores.

Just as Americans are disinvesting in blue states and plowing money into red states, so it is internationally. If we import more capital into the U.S. than Americans invest abroad, this means we must buy more from abroad than foreigners buy from us.

You can see the mirror image here:

If we want to lower our trade deficit, tariffs won’t do it. We have to go into a deep recession, or we need to raise tax rates through the roof to chase the foreign capital away.

Those are both bad options.