Trade Deficit Soars Under Trump

Friday, January 30, 2026

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump's tariffs worked their way through the economy, the Census Bureau reported Thursday.

Posted by reinheitsgebot at 04:30 PM | 2 COMMENTS | permalink

US TRADE DEFICIT SURGES The Commerce Department's Census Bureau on Thursday reported that the international trade in goods increased by about 11 percent in May as exports decreased while imports remained relatively unchanged -- a sign that Trump's tariff strategy has been a colossal failure.

[image or embed]
-- MeidasTouch (@meidastouch.com) Jun 26, 2025 at 2:32 PM

Comments

The trade gap increased 94.6% to $56.8 billion, the Commerce Department's Bureau of Economic Analysis and Census Bureau said on Thursday. The percentage change was the largest since March 1992. Economists polled by Reuters had forecast the trade deficit would rise to $40.5 billion.

Heckuvajob, pedo 47.

#1 | Posted by reinheitsgebot at 2026-01-29 01:13 PM