It can afford to as long as it doesn't become structural. Or leads to massive losses of industrial production with far-reaching implications.
A stretched timeline is called for to gauge each country and overall economic performance.
Excessive imports over long periods generating large-scale deficits (in goods is bad enough, goods and services much worse) are certainly a symptom of other ills in any given economy. Besides, a point in time is reached when it becomes ever harder to finance them. An economy becomes unable to create wealth, the country persistently consumes over and above its production capacity. A society that is plagued by low-paying, low-skilled jobs with an oversized State. Perhaps a small high-paying private sector prospers becoming the envy of the rest.