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Fact-check: “Trump said tariffs cut the trade deficit with China”
Verdict: Mostly True (72% confidence)
The bilateral U.S. goods trade deficit with China fell sharply — from about $297 billion in 2024 to roughly $202 billion in 2025, a 32% drop — and Census Bureau data confirm this is the lowest level since around 2004-2005. The claim asserts contribution, not sole causation, and the official record supports that tariffs were a material factor driving that reduction. The key qualification is that PIIE research shows much of the import reduction reflects rerouting through third countries (Vietnam,…
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