The Second Term of Donald J. Trump as President of the United States of America
- Thread starter sear
- Start date
Shiftless2
Well-known member
Trump lies again (hard to imagine isn't it)
A real analysis shows that Trump is incorrect; AGAIN.
As Bloomberg wrote today, based on Commerce Dept data, "US Trade Deficit Widens, Capping One of Biggest Since 1960"
"The US trade deficit widened in December, capping a turbulent year of erratic tariff policy....The goods and services trade gap expanded from the prior month to $70.3 billion, Commerce Department data showed Thursday. The shortfall culminated in a full-year deficit of $901.5 billion, still one of the largest in data back to 1960."
Even though the US v China deficit declined, China had a $1.2 trillion trade SURPLUS.
Trump actually achieved the exact opposite of what he promised as he collected ~$300B in his tariff tax on US citizens and companies.
"The December deficit reflected a 3.6% increase in the value of imports. Exports of goods and services declined 1.7%. The median estimate in a Bloomberg survey of economists called for a $55.5 billion overall shortfall....The trade data were notably volatile in 2025 on a month-to-month basis as US importers reacted to a persistent drumbeat of tariff announcements from President Donald Trump. Gold and pharmaceutical imports were particularly choppy as companies raced to beat higher duties."
A real analysis shows that Trump is incorrect; AGAIN.
As Bloomberg wrote today, based on Commerce Dept data, "US Trade Deficit Widens, Capping One of Biggest Since 1960"
"The US trade deficit widened in December, capping a turbulent year of erratic tariff policy....The goods and services trade gap expanded from the prior month to $70.3 billion, Commerce Department data showed Thursday. The shortfall culminated in a full-year deficit of $901.5 billion, still one of the largest in data back to 1960."
Even though the US v China deficit declined, China had a $1.2 trillion trade SURPLUS.
Trump actually achieved the exact opposite of what he promised as he collected ~$300B in his tariff tax on US citizens and companies.
"The December deficit reflected a 3.6% increase in the value of imports. Exports of goods and services declined 1.7%. The median estimate in a Bloomberg survey of economists called for a $55.5 billion overall shortfall....The trade data were notably volatile in 2025 on a month-to-month basis as US importers reacted to a persistent drumbeat of tariff announcements from President Donald Trump. Gold and pharmaceutical imports were particularly choppy as companies raced to beat higher duties."