President Donald Trump claimed on Wednesday that his administration’s aggressive tariff policies have sparked a “staggering” 78% reduction in the U.S. trade deficit, vowing the nation will soon achieve its first trade surplus in decades.
A Milestone In Trade Policy?
In an all-caps post on Truth Social, the President lauded the impact of his global “reciprocal tariffs,” which targeted over 100 countries starting in April 2025.
Trump attributed the contraction directly to these duties, stating, “The United States trade deficit has been reduced by 78% because of the tariffs being charged to other companies and countries”.
He added that the trade balance is expected to “go into positive territory during this year, for the first time in many decades”.
The President’s remarks come just ahead of the Feb. 19 release of official December trade data. Supporters view the potential shift as a validation of the …Full story available on Benzinga.com
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