Sunday, June 29, 2025

Looks like there's a new chart at FRED which tracks Trump's goods-trade deficits lol, $96.5 billion in May

 












Update Jul 29, 2025:

OK, so it appears it's not a new chart series. It's an advance report of the most recent month without showing the previous months. May goods trade balance was $96 billion in the hole (above), now June is $85 billion in the hole (below).

Trump wants goods trade surpluses but isn't getting them. And good luck to him. America stopped being a net exporter of goods in 1969, at which time the chart for that stopped being updated (also below).