Trump's Tariffs Were Supposed to Shrink the US Goods Trade Deficit— It Grew 4% Instead
Trump tariffs fail to curb the US trade deficit, widening the goods gap 4% to $1.8T as national debt nears $40T, analyst data shows.
The US buys more stuff from other countries than it sells to them, and that gap got bigger even though tariffs (taxes on imports) were supposed to shrink it. When this happens, it can make people wonder if a policy is working the way leaders hoped.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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