US trade deficit plunges 25% as Trump tariffs shake global trade and revenue battle intensifies

MSN
2026.03.15 18:55
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The U.S. trade deficit decreased by over 25% to $54.5 billion in January, driven by a rise in exports and a drop in imports, providing an early economic advantage for President Trump. Nonetheless, there are ongoing legal challenges regarding import duties and efforts to reclaim lost tariff revenue.