Trump is touting a smaller trade deficit. Economists paint a more complicated picture.
Business Insider·2025-12-22 12:34

President Donald Trump is working to sell his economic policies. To convince the nation that the economy is improving ahead of the midterm elections, Trump is highlighting a reduced trade deficit and high tariff revenues as his key economic accomplishments since taking office.The reality is more complicated. Economists have told Business Insider that a smaller trade deficit and a record-breaking amount of tariff revenue can be poor indicators of overall economic health at best, and signs of economic troub ...