US President Trump posts that the US trade deficit has been reduced by 78% because of the tariffs being charged to other companies and countries, adds it will go into positive territory during this year for the first time in many decades

US President Trump posts that the US trade deficit has been reduced by 78% because of the tariffs being charged to other companies and countries, adds it will go into positive territory during this year for the first time in many decades.

Trump's assertion of a significant reduction in the US trade deficit highlights the administration's ongoing narrative around tariffs and trade policy. If this is perceived as credible, it could bolster the USD and influence market sentiments around equities and commodities as investors reassess growth and inflation consequences.