In just one year, President Trump has cut the trade deficit by more than HALF.
➡️Jan. 2025: $128.4B
➡️Jan. 2026: $54.5BAt the same time, American exports just hit a record high — proof the America First agenda is delivering.https://t.co/Q4UtCehO5i
— Jacki Kotkiewicz (@jackikotkiewicz) March 12, 2026
According to a joint release from the U.S. Census Bureau and the Bureau of Economic Analysis, the nation’s trade gap for goods and services contracted significantly at the start of the year. The deficit stood at $54.5 billion in January, a reduction of $18.4 billion from the revised December figure. This decline was driven by a combination of rising exports and falling imports. Exports increased by $15.8 billion to reach $302.1 billion, while imports decreased by $2.6 billion to $356.6 billion. The goods deficit alone decreased by $17.5 billion, and the services surplus grew by $1.0 billion. Compared to the same month one year prior, the overall trade deficit decreased by 57.6 percent. Exports were 10.4 percent higher than in January 2025, and imports were 11.3 percent lower.
This is Trump’s economic agenda coming into play. The tariffs are going to continue full speed ahead and we’ll see the good impacts on the economy all this year.
