Trump’s tariffs were meant to shrink the trade deficit— but the $106 billion gap just reached its widest since before ‘Liberation Day’
- Posted on October 7, 2026
- By Fortune
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- 1 min read
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Trump’s tariffs were meant to shrink the trade deficit— but the $106 billion gap just reached its widest since before ‘Liberation Day’
The Trump administration has called the trade deficit a “national emergency,” but economists say it’s actually a sign of a resilient American economy.
