Thanks to Tariffs, US Trade Deficit Falls to Lowest Level in 17 Years, Since 2009; Trump Cuts Deficit in Half

Jim Hoft : Jan 8, 2026
The Gateway Pundit

"...Many economists questioned President Trump's focus on trade deficits, with some going so far as to suggest that the tariffs would backfire and actually widen the trade deficit. That view—alongside forecasts that tariffs would cause inflation to move significantly higher—has been challenged by months of data showing declining deficits and little-to-no broad pricing pressure from tariffs." -John Carney, Breitbart News

[TheGatewayPundit.com] 2026 started out with a bang! (Screengrab image: via Daily Wire)

US trade deficit fell to its lowest level in 17 years, since 2009!

The US trade deficit narrowed sharply to $29.4 billion in October 2025, the smallest gap since June 2009!

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CNBC reporter Rick Santtelli was thrilled with the numbers out today.

Rick Santelli: "Buckle up, THIS IS UNREAL... $29.4 billion, we cut it IN HALF!... "In March it was $136B. Now, under $30B. We haven't been that small in a long time—I don't have enough RECORDS to go back that far!"... Subscribe for free to Breaking Christian News here

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