Trump wanted to reduce trade deficits, but at least one has ballooned since he took office

08/07/2025, 4:54 AM
businessinsider.com

Trump wanted to reduce trade deficits, but at least one has ballooned since he took office

Kevin Carter/Getty Images

A stated goal of President Donald Trump's ambitious tariff policy was to reduce the United States' trade deficits around the world, but at least one has ballooned this year: the travel trade deficit.

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