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Approximately $250 billion in new taxes (tariffs) and only a $2 billion drop in the trade deficit.

https://www.cnbc.com/2026/02/19/us-trade-deficit-totaled-901-billion-in-2025-despite-trumps-tariffs.html

•For the full year, the U.S. ran a $901.5 billion trade deficit, down slightly from 2024 but only by 0.2%, or $2.1 billion.

•The report follows a year in which President Donald Trump implemented a series of aggressive tariffs aimed at leveling the global playing field.

This should be viewed in conjunction with a manufacturing job losses in 2025 that could be as high as 175,000 jobs. This is a huge price to pay for almost nothing in return.

I also wonder (the article doesn't say) if the main reason for the small "improvement" (exports?) was inevitable due to the amount of LNG we are now supplying to the EU, and else where?

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