The U.S. trade balance has worsened after one year of Trump tariffs lol

 

Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts

 

... On a year-over-year basis, the deficit through November stood at $839.5 billion, or about 4% higher than the same period in 2024. 

The increase in the deficit counters Trump’s efforts to use tariffs to reduce imbalances around the globe. When announcing so-called reciprocal tariffs in April 2025, the White House used the level of trade deficits with varying countries as a baseline for determining the duties. ...