HOLY SMOKES. President Trump just cut the US trade deficit IN HALF, lowest in nearly 2 decades, CNBC is in total shock!

X ^ | 01/08/2026 | Eric Daugherty

[SmokingJoe]

🚨 HOLY SMOKES. President Trump just cut the US trade deficit IN HALF, lowest in nearly 2 decades, CNBC is in total shock!

"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!"

Apologize to Donald Trump and Scott Bessent. THEY WERE RIGHT!

[SmokingJoe]

Video from CNBC at link on X

[lightman]

Amazing what a few tariffs can leverage.

MAGA!

[SmokingJoe]

A year ago, the “experts” were predicting the tariffs would crush the American economy.

[Bob434]

He keeps this up and cnn just may stump for him for a 4’th term lol

[bleach]

What will happen if the court rules against the tariffs tomorrow? Reverse the gains in trade and the market?

[TonyM]

Math ain’t mathin! $136billion, now $29.4 is much more than a cut in half. Eiter these figures are off or the math is.

[Mr. Blond]

SC might be overturning them tomorrow...

[henbane]

What will happen if the court rules against the tariffs tomorrow?

The market will wobble.

Since these tariffs are performing their allotted function, if the OFF switch is thrown by The Supremes, the Market will give back its gains,

[SmokingJoe]

Cut in half, but not from March last year.

[Sacajaweau]

I believe the USSC is going to come out with their opinion on tariffs tomorrow...Friday 9th.

[SmokingJoe]

You can’t reverse trade already made.
You can affect future trades.

[Sarah Barracuda]

I think what the Supreme Court will say is that tariffs that already went down stand but that future tariffs must be passed by congress it’s like splitting the baby

[chuck allen]

This news hasn’t affected the Futures Market yet.

[madison10]

I hate the Left

[SmokingJoe]

Could go either way.

[SmokingJoe]

Possible.

[VideoDoctor]

A year ago, the “experts” were predicting the tariffs would crush the American economy

The so called "EXPERTS" don't know $HIT from FAT MEAT!

[Sequoyah101]

If the USSC holds true to form they will screw this up too.

[ConservativeMind]

We need to block all H1-Bs to stop that terrible trade balance.

[Syllojism]

March 2025 had by far the biggest trade deficit ever, because everyone knew tariffs were coming. Every business that could afford to was doing all its imports for the year early.

I'm not sure the trade deficit for 2025 was down at all from 2024