As one would expect from a advanced country, net unilateral current transfers are negative in the US: more grants and gifts are bestowed than received. This item adds to the US current account deficit. Note also that the largest component consists of remittances, which are usually cash gifts based on immigrants US wage incomes to their families in their home countries. Given the huge size of the US trade deficit, the income and unilateral accounts balances do not significantly impact the balance of payments. All in all, the US trade deficit is driving its massive current account deficits.