Has Trump Actually Slashed the US Trade Deficit?

In the past couple of weeks, Trump has continued to claim that his tariffs reduced the monthly trade deficit by 77%. In this video, we're taking a look at his claim, why that's not quite true and whether it should be credited to his tariffs. 📰 Too Long: https://toolong.news/ 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! ///////////////////////// Sources: Trade deficit data https://www.bea.gov/system/files/trad1125-chart.png https://tradingeconomics.com/united-states/balance-of-trade https://en.econreporter.com/57634/us-trade-deficit-nov2025-tariff-front-loading-fades/ Trump WSJ oped https://www.wsj.com/opinion/donald-j-trump-my-tariffs-have-brought-america-back-2248391b Dollar share of reserves https://www.bloomberg.com/news/articles/2025-10-01/dollar-slump-puts-share-of-foreign-reserves-at-30-year-low Dollar index https://www.marketwatch.com/investing/index/dxy Declines in US manufacturing https://fred.stlouisfed.org/graph/?g=1Pwpx https://www.apricitas.io/p/america-is-losing-blue-collar-jobs