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Hate to admit it, but illegal immigrants are a net fiscal drain (lib here)
| queensbridge benzo | 02/08/26 |
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Date: February 8th, 2026 3:14 AM Author: queensbridge benzo https://fortune.com/2026/01/20/how-much-national-debt-grew-trump-first-year-back-in-office-president/
During Donald Trump's presidency and subsequent policy moves in 2025-2026, the U.S. trade deficit has generally increased despite aggressive tariff policies aimed at reducing it, with the deficit rising to $765 billion between January and September 2025, an increase of $110 billion from the same period in 2024.
Persistent Growth: Despite imposing tariffs (including 25% on steel/aluminum and 10%+ on Chinese imports), the trade deficit has continued to grow, hitting $839.5 billion through November 2025, which is ~4% higher than the same period in 2024. 2025 Policy Shifts: In April 2025, the White House initiated "reciprocal tariffs" to balance trade deficits with individual nations. Impact on Sectors: Tariffs have increased costs for U.S. manufacturers, for instance, by making steel-reliant production (like automobiles) more expensive domestically. Fluctuations: While the annual trend shows an increase, short-term fluctuations occurred, such as a drop in the October 2025 trade deficit to the lowest level since 2009 due to temporary market shifts. Key Partners: Significant deficits remain with Mexico, Vietnam, Taiwan, and the European Union.
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