Trump Claims 'Staggering' 78% Drop In Deficit Thanks To Tariffs Ahead Of Official December Trade Data Release

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 ...