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Fact-check: “Trump said tariffs cut the trade deficit with China”
Verdict: Partly True (62% confidence)
Trump did make statements attributing deficit reduction to his tariffs — including a claimed '62% reduction' in January 2026 and a 2019 remark that 'the deficit [is] going down' — and the US goods deficit with China did fall measurably: from roughly $419 billion in 2018 to $263 billion in 2023, and further to about $202 billion in 2025, the lowest since 2004. But IMF and Federal Reserve research found that macroeconomic factors (not tariffs) drive most changes in trade balances, and that trade…
This fact-check was conducted by SpinkillerAI, a non-partisan AI-powered accountability platform.
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