I agree 100%, but that puts it WAY too mildly. The trade imbalance went off a freaking cliff! Increased thier oil imports by 70% this year just to keep the lights on. The U.S. acted immediatley, not wanting to be outdone by the japanese:
"While NFP dominated the headlines, the US Trade Balance (deficit) limped out and dropped far more than expected. At a $52.565bn Deficit, this is the worst trade balance since October 2008. Perhaps more shocking is the fact that the 3 month drop (rise in deficit) is the largest ever on record."