How Trump's New Global Tariff Could Widen the Trade Deficit

The US trade deficit hit $77.6 billion in May, and Trump just announced a new global tariff citing forced labor. In this episode, Lucas and Luna explore the paradox of protectionism: could a tariff meant to shrink the deficit actually make it larger? They examine the strong dollar at 101.47, record-high import prices from China, and the delayed generic drug tariff to unpack the real economics behind the headlines. If you've ever wondered why tariffs often fail to reduce trade imbalances, this episode breaks down the currency and supply-chain dynamics that policymakers overlook. #TradeDeficit #Tariffs #TrumpTariff #StrongDollar #ImportPrices #ChinaTrade #GenericDrugTariffs #Protectionism #GlobalTrade #USDCNY #FederalReserve #SupplyChain #CurrentAccount #Economics #FexingoBusiness #BusinessPodcast #TradePolicy #TariffParadox Keep every episode free: buymeacoffee.com/fexingo