Iran Memorial

Trump Said Tariffs Would Reduce the Trade Deficit. Instead, It Hit a Record High in 2025.

Reason Magazine2/19/2026

Summary

In 2025, the trade deficit reached a record high, despite former President Trump's assertion that tariffs would reduce it. The situation highlights that trade deficits are not classified as a national emergency.

Share:XRedditLinkedIn

Advertisement

Breaking Similar stories

Survived Similar stories

Anti-Lindy Similar stories