📍America's trade deficit is the lowest in 3 years thanks to Trump's tariff policy.



📌 The trade deficit in June is only -$60.2B, down 16% compared to the previous month and much better than the forecast of -$62.6B. This is the lowest level since 2021, reflecting a strong slowdown in both imports and input consumption.

indicating that consumption and production pressures are clearly weakening. The situation of "deflationary import" may continue if demand continues to slow down.

📌 Special: The trade deficit with China has fallen to its lowest level since 2014.
- Exports of goods to China surged by +45.4% MoM, indicating that it could be a one-time order or a short-term shift.
clearly, the impact of new tax policies or the quiet decoupling process of American businesses is undeniable.

The new supply chain has gradually taken shape after more than 200 days of Trump's presidency.
TRUMP4.44%
CHO-4.93%
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