Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Trump's trade deficit lie gets exposed within a day
Not even 24 hours after Trump posted his message, the Census Bureau announced that the US trade deficit for goods and services was $901.5 billion in 2025, which was down a mere $2.1 billion from 2024
www.msn.com/en-us/money/...
Trump’s trade deficit lie gets exposed within a day
— (@oceancalm.bsky.social) 2026-02-20T14:29:10.613Z
Not even 24 hours after Trump posted his message, the Census Bureau announced that the US trade deficit for goods and services was 1.5 billion in 2025, which was down a mere .1 billion from 2024
www.msn.com/en-us/money/...
US economic growth slowed in fourth quarter—Trump blames government shutdown
Trump’s trade deficit lie gets exposed within a day
Story by Klaus Marre • 18h • 2 min read
Markets today
INX ▼-0.28%
DJI ▼-0.38%
COMP ▼-0.50%
Donald Trump, trade war
Apart from his 2020 election loss, there are few things that Donald Trump likes to lie about as much as his tariffs. He lies about who pays for them, the trillions of dollars they supposedly generate, the jobs they are creating, and their effect on the trade deficit.
On Wednesday, for example, the president touted a massive reduction in the trade deficit.
“THE UNITED STATES TRADE DEFICIT HAS BEEN REDUCED BY 78% BECAUSE OF THE TARIFFS BEING CHARGED TO OTHER COMPANIES AND COUNTRIES,” he wrote in a social media post.
Absolutely nothing in that sentence is true.
First of all, multiple independent experts, including those from the Federal Reserve Bank in New York, have concluded that American consumers and businesses are bearing the tariff burden… and we assume those US corporations are not what Trump means by “other businesses.”
Furthermore, foreign countries pay precisely nothing.
......................
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
“THE UNITED STATES TRADE DEFICIT HAS BEEN REDUCED BY 78% BECAUSE OF THE TARIFFS BEING CHARGED TO OTHER COMPANIES AND COUNTRIES,”
"AND I, DONALD TRUMP, IS GOING TO BE THE FRONT BACKUP SINGER FOR TAYLOR SWIFT.
Both statements are pretty much the same. 