President Trump handed off to Biden a recovering economy in January 2021. And How did Trump respond in January 2025?
The U.S. trade deficit surged in January, Biden’s last month as president. Imports rose 10% to $401.2 billion, while exports climbed by 1.2% to $269.8 billion, The Wall Street Journal reported Thursday.
The all-time high trade deficit of $131.4 billion was 34% greater than the $98.1 billion deficit in December. The percentage change in the deficit announced by the Commerce Department’s Bureau of Economic Analysis was the largest since March 2015.
