The US trade deficit just fell to $52.8 billion, down 35%, a win for tariffs on paper but a troubling sign that demand is weakening and recession risks are rising.
US trade deficit just hit $52.8B – lowest since June 2020 Down 35% from last year Experts said tariffs would destroy economy Trump, Bessent and Lutnick were right all along Lower imports mean weaker demand which means recession is coming …