321 US Trade Deficit EXPLODES 94.6% - Trump's Tariffs Cause Economic Disaster

2 Feb 2026Trump’s tariffs, intended to reduce the US trade deficit, have backfired, causing it to explode by 94.6% in November 2025. The tariffs made American companies less competitive, increased import costs, and led to retaliatory tariffs from other countries. This has resulted in a loss of confidence in US economic stability, with trading partners seeking alternative arrangements and diversifying away from dollar-denominated assets.