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*The US trade deficit was CUT IN HALF in April, one month after Trump’s trade policies kicked in.*
The latest numbers are out and it is good news for the Trump administration and the US economy. The US trade deficit plummeted in April after Trump’s tariffs.
CNBC editor Rick Santelli broke the news this morning, “It comes in at -$61.6 BILLION…it has now been cut by more than HALF… The big news is there is how much it bolsters GDP. Just look at Atlanta Fed GDP now – which is at +4.64%.”
These are amazing numbers!
The numbers don’t lie—tariffs forced China to blink first. After Trump’s 145% hammer drop, Beijing folded tariffs to 10% while we cut ours to 30%. That’s leverage in action. The deficit plunge proves what happens when America negotiates from strength—not weakness.
GDP’s 4.6% surge? Direct result of reshoring manufacturing and kneecapping China’s trade abuses. The chaos worked—now watch as industries rebuild stateside with 25% wage growth in key sectors.
Weak politicians would’ve folded; real leadership delivers.
*AFP* <www.msn.com/en-us/news/world/us-trade-gap-plummets-as-trump-tariffs-take-hold/ar-AA1G9kep?ocid=BingNewsVerp> reported on this amazing economic news.
The US trade deficit more than halved in April as President Donald Trump’s global tariffs reversed an import surge that preceded the new duties.
The White House is likely to frame the smaller deficit as a win, noting a report of its expected boost to GDP growth, although analysts warn that businesses had likely paused further imports while waiting for countries to strike deals.
The world’s biggest economy logged a trade gap of $61.6 billion in the same month that Trump unveiled 10 percent levies on almost all trading partners. This was down by 55.5 percent from March, the largest decrease on record, said the Commerce Department.
In March, the overall US trade deficit widened to $138.3 billion as businesses sought to get ahead of Trump’s promised duties.
Expand article logo Continue reading
But imports slumped by 16.3 percent in April to $351 billion as the blanket tariffs on US allies and competitors alike kicked in.
*The US trade deficit was CUT IN HALF in April, one month after Trump’s trade policies kicked in.*
The latest numbers are out and it is good news for the Trump administration and the US economy. The US trade deficit plummeted in April after Trump’s tariffs.
CNBC editor Rick Santelli broke the news this morning, “It comes in at -$61.6 BILLION…it has now been cut by more than HALF… The big news is there is how much it bolsters GDP. Just look at Atlanta Fed GDP now – which is at +4.64%.”
These are amazing numbers!
The numbers don’t lie—tariffs forced China to blink first. After Trump’s 145% hammer drop, Beijing folded tariffs to 10% while we cut ours to 30%. That’s leverage in action. The deficit plunge proves what happens when America negotiates from strength—not weakness.
GDP’s 4.6% surge? Direct result of reshoring manufacturing and kneecapping China’s trade abuses. The chaos worked—now watch as industries rebuild stateside with 25% wage growth in key sectors.
Weak politicians would’ve folded; real leadership delivers.
*AFP* <www.msn.com/en-us/news/world/us-trade-gap-plummets-as-trump-tariffs-take-hold/ar-AA1G9kep?ocid=BingNewsVerp> reported on this amazing economic news.
The US trade deficit more than halved in April as President Donald Trump’s global tariffs reversed an import surge that preceded the new duties.
The White House is likely to frame the smaller deficit as a win, noting a report of its expected boost to GDP growth, although analysts warn that businesses had likely paused further imports while waiting for countries to strike deals.
The world’s biggest economy logged a trade gap of $61.6 billion in the same month that Trump unveiled 10 percent levies on almost all trading partners. This was down by 55.5 percent from March, the largest decrease on record, said the Commerce Department.
In March, the overall US trade deficit widened to $138.3 billion as businesses sought to get ahead of Trump’s promised duties.
Expand article logo Continue reading
But imports slumped by 16.3 percent in April to $351 billion as the blanket tariffs on US allies and competitors alike kicked in.
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