Washington, June 5, 2025 (AFP) - US trade gap plummets as Trump tariffs take hold

NAMPA / AFP

2025-06-05

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties. The White House is likely to frame the smaller deficit as a win, noting a report of its expected boost to GDP growth, although analysts warn that businesses had likely paused further imports while waiting for countries to strike deals. The world's biggest economy logged a trade gap of $61.6 billion in th......

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