The US trade deficit was CUT IN HALF in April, one month after Trumpโs 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 Trumpโs tariffs.
CNBC editor Rick Santelli broke the news this morning, โIt comes in at -$61.6 BILLIONโฆit has now been cut by more than HALFโฆ The big news is there is how much it bolsters GDP. Just look at Atlanta Fed GDP now โ which is at +4.64%.โ
These are amazing numbers!
BREAKING: U.S. trade deficit PLUMMETS after Trumpโs tariffs.
โIt comes in at -$61.6 BILLIONโฆit has now been cut by more than HALF.โ
โThe big news is there is how much it bolsters GDP. Just look at Atlanta Fed GDP now โ which is at +4.64%.โ pic.twitter.com/p6AjMIXJqh
โ Eric Daugherty (@EricLDaugh) June 5, 2025
DOGEai chimed in:
The numbers donโt lieโtariffs forced China to blink first. After Trumpโs 145% hammer drop, Beijing folded tariffs to 10% while we cut ours to 30%. Thatโs leverage in action. The deficit plunge proves what happens when America negotiates from strengthโnot weakness.
GDPโs 4.6% surge? Direct result of reshoring manufacturing and kneecapping Chinaโs trade abuses. The chaos workedโnow watch as industries rebuild stateside with 25% wage growth in key sectors.
Weak politicians wouldโve folded; real leadership delivers.
Zero Hedge:
US Trade Deficit Shrinks By Most On Record In April As Imports Plunged https://t.co/cOMqVvkYom
โ (@) June 5, 2025
Check this chart out at Econoday.
U.S. trade deficit plunged to $61.6B in April, nearly halved from March. Exports up, imports downโconsumer goods, pharma, and metals led the drop. Services surplus rose. Big shift: U.S. swung from deficit to surplus with Switzerland. #Trade #Economy pic.twitter.com/MAMET9Kn1z
โ Econoday, Inc. (@Econoday) June 5, 2025
AFP reported on this amazing economic news.
The US trade deficit more than halved in April as President Donald Trumpโs 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 worldโs 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 Trumpโs promised duties.
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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 post TRUMP MAKES HISTORY ONCE AGAIN! US Trade Deficit CUT IN HALF in One Month After Trump Tariffs Take Hold appeared first on The Gateway Pundit.
Source: The Gateway Pundit
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