✉news BusinessEconomy first seen 15 h ago, last 12 h ago, peak #21
US Trade Deficit Hits 17-Month High Despite Trump's Tariffs
Original: U.S. Trade Deficit Hits 17-Month High Despite Trump’s Tariffs
The United States trade deficit has reached its highest level in 17 months, according to the latest trade figures, despite the sweeping import tariffs imposed under President Trump's trade policy. The numbers raise questions about whether tariffs are narrowing the trade gap as intended, and analysts are weighing effects on imports, exports and overall economic growth.
Why now: New trade data suggests the tariffs are not delivering the reduction in the trade gap that was promised.
Evidence
- U.S. Trade Deficit Hits 17-Month High Despite Trump’s Tariffs · The New York Times
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