Trade deficit shrinks dramatically as result of Trump's tariffs - Conservative Journal Review
2 Articles
2 Articles
Bankinter Market Consensus The US trade deficit is drastically reduced after the largest historical drop in imports (-19.8% per month), while exports grew by +3.4%. The most evident item is in Consumer Goods (-49,276 M$ in April vs -80,843 M$ earlier). Following the sharp increase in the deficit in 1Q25 to avoid the impact of tariffs, imports are normalized by softening the impact on the trade deficit. Imports will tend to reflect the rise in […
Trade deficit shrinks dramatically as result of Trump's tariffs - Conservative Journal Review
In a surprising turn of events, the most recent trade deficit figures for April 2025 showed a sharper decrease than anticipated, leaving CNBC’s Rick Santelli astonished during a live broadcast. The Tampa Free Press reported that the abrupt decline comes after a series of strategic tariff implementations and ongoing international trade negotiations initiated by President Donald Trump. Trade deficits can reflect the difference between how much a c…
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