ECO 202 WK 4 Discussion: How is the U.S. Budget Deficit Related to the Foreign trade Deficit?

ECO 202 W4 Discussion board
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* How is the U.S. budget deficit related to the foreign trade deficit?
The trade deficit is the money that all the foreign states made as profit from their sales in the American market and the states have not spent the money on buying from the American market. Therefore, the states are keeping the money in their accounts where they get interests (Schick, 1994).
The safest method to invest the money is by buying U.S. government bonds, that is lending money to the U.S. government. The U.S. government can lend when it needs to take care of budget deficit, this is when it uses more dollars than it receives from tax collection. So trade deficit enables the U.S. administration to run a budget deficit. For more than three decades, America has steadily imported above what it exports leading to an automatic increase in foreign ownership of its assets, both real and financial (Van & Sudhipongpracha, 2015). 
* Firms hurt by cheap imports typically argue that restricting trade will save U.S. jobs. What is wrong with this argument? Are there any reasons to support such trade restrictions?
The American trade deficit reveals the victorious endeavors of foreign exporters in the collective to increase the holdings of dollar assets of the U.S.  They voluntarily give their services and goods in exchange for money credits.  They energetically compete in the American market, selling at the cheapest prices possible while trying to restrict their domestic wages to boost their competitiveness.  Once foreign goods are available at attractive costs in an open market such as that of America, they can be bought in favor of higher-cost American goods of similar qualities (Yoon, 2012). 
Foreign governments aggressively support trade surpluses with America to help boost their domestic employment.  Foreign governments do so with various import restrictions, interventions, and tariffs in the currency markets to increase the forex prices of the American dollar.  In an actual system of floating exchange ra...