BusinessPhoto: Firstpost BusinessTrump’s Tariffs Fail to Reduce US Trade Deficit, IW Report Says
The US goods trade deficit rose to $130 billion in August, surpassing levels from two years ago. A study by Germany’s IW economic institute found that President Donald Trump’s sweeping import tariffs did not significantly reduce the trade gap. Despite the tariffs, the trade deficit continued to grow, indicating limited impact on narrowing the US trade imbalance.
Firstpost Business·



