US trade deficit

Trump’s Tariffs Rake in Record $150 Billion in 2025, But at What Cost?

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In 2025, President Donald Trump’s aggressive tariffs policies have driven U.S. tariff revenues to historic highs, surpassing $150 billion in just seven months and potentially reaching $350 billion by year-end. This article explores the numbers behind the revenue surge, key tariff measures, their impact on households, businesses, and the global economy, as well as the …

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U.S. Goods Trade Deficit Narrows Sharply in June 2025 to $86 Billion, But Signals of Domestic Weakness Emerge

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In June 2025, the U.S. goods trade deficit narrowed sharply by 10.8% to $86 billion—its lowest level since September 2023—driven by a steep drop in imports, especially consumer goods. While the improvement lifted Q2 GDP growth forecasts to 2.9%, it also signals weakening domestic demand, soft labor market conditions, and modest inventory growth, raising concerns …

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