Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis

Mr. Trump rolled out a dramatic series of trade actions against Canada, Mexico and China in recent days, signing executive orders to put tariffs on all three nations in what he said was an effort to stem the flow of drugs and migrants to the United States.

But he also cited the trade deficit as he talked about tariffs writ large, making clear that the gap between what America sells and what it buys remains top of mind for Mr. Trump.


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Originally posted on: https://www.nytimes.com/2025/02/05/us/politics/trump-us-trade-deficit.html