Trump is convinced that the tariffs contributed to a significant reduction in the US trade deficit

Donald Trump. Photo: Getty Images

US President Donald Trump is convinced that the tariffs introduced by him have significantly reduced the US trade deficit and contribute to GDP growth.

Source: Trump’s post on the social network Truth Social

Trump’s direct speech: “Tariffs create enormous wealth and unprecedented national security for the US. (…) We are once again respected as a country.”

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Details: According to Trump, the US trade deficit has been reduced by 60%, which is “absolutely unprecedented”. Gross domestic product (GDP) grew by 4.3% and continues to grow. In addition, according to Trump, there is no inflation in the country.

In accordance with press release The U.S. Department of Labor’s Dec. 18, 2025, annual inflation rate in the United States eased to 2.7% in the 12 months ending in November, down from 3.0% reported in September.

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