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Trump tariffs were supposed to cut trade deficit and create jobs. It hasn't worked out that way.

By Market Watch March 12, 2026 Bearish
Trump tariffs were supposed to cut trade deficit and create jobs. It hasn't worked out that way.
Much has changed in the U.S. economy since Donald Trump became president again a year ago, but one thing has stayed the same: High U.S. trade deficits.
Much has changed in the U.S. economy since Donald Trump became president again a year ago, but one thing has stayed the same: High U.S. trade deficits.