U.S. President Donald Trump said that tariffs imposed by his administration significantly reduced the U.S. trade deficit and supported GDP growth. He posted these remarks on Truth Social.
Ukrinform reports this, citing an official publication by Trump himself.
«Tariffs create enormous wealth and unprecedented national security for the United States»
– Donald Trump
According to the president, the trade deficit fell by 60 percent, which many call an exceptionally incredible figure.
«The trade deficit has narrowed by 60 percent, which is absolutely unprecedented»
– Donald Trump
It is also reported that GDP grew by 4.3% and continues to show growth, he noted.
«No inflation!!! We are respected again as a nation»
– Donald Trump
According to the president, GDP growth relates to data for the third quarter of 2025.
Context and Reaction
As Ukrinform notes, in the U.S. Supreme Court, the stance on Donald Trump’s use of extraordinary powers to impose tariffs on the majority of imported goods has sparked skepticism.
The content of the statements and their political context highlight the debate over the impact of tariffs on the U.S. economy and global trade.