Trump's trade deficit lie gets exposed within a day

[riversedge]

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

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/...

— (@oceancalm.bsky.social) 2026-02-20T14:29:10.613Z

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
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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.

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