CNBC’s Rick Santelli Floored By How Much Trade Deficit Was Slashed In Wake Of Trump’s Tariffs

Trump's Tariffs Working as Advertised as Trade Deficit Plummets Record Amount in April

The White House touted three positive indicators for the economy on Friday, including that the trade deficit fell by the largest monthly amount on record. The Trump press office also […] The post Trump's Tariffs Working as Advertised as Trade Deficit Plummets Record Amount in April appeared first on The Western Journal.

CNBC’s Rick Santelli Floored By How Much Trade Deficit Was Slashed In Wake Of Trump’s Tariffs

CNBC’s Rick Santelli appeared stunned Friday when he read the latest trade deficit numbers live during “Squawk Box,” with the figure coming in much lower than estimated and figures for the previous two months. The March 2025 trade deficit totaled $140.5 billion, up from $123.2 billion in February, the two months preceding President Donald Trump’s […] CNBC’s Rick Santelli Floored By How Much Trade Deficit Was Slashed In Wake Of Trump’s Tariffs

‘We Cut It In Half?!’: CNBC’s Rick Santelli Floored By How Much Trade Deficit Was Slashed In Wake Of Trump’s Tariffs

Rick Santelli appeared stunned when he read the latest trade deficit numbers live during “Squawk Box,” with the figure coming in much lower than expected.

US trade deficit in goods fell 46% in April to $87.6 billion

The US trade deficit in goods dropped hard in April, falling way more than anyone expected, after businesses stopped rushing in foreign goods ahead of delayed tariffs. The Commerce Department said on Friday that the trade gap narrowed by 46%, landing at $87.6 billion. Imports collapsed to $276.1 billion, a drop of $68.4 billion in just one month. Meanwhile, exports saw a small bump, climbing by $6.3 billion to $188.5 billion. The reason for Marc…