U.S.-China Trade Deficit

SOURCE www.factcheck.org
Former President Donald Trump falsely claimed that the U.S.-China trade deficit was over a trillion dollars, when in reality it was about $252 billion in 2023, the lowest in 14 years. Many economists do not believe trade deficits are necessarily bad.

Key Points

  • The U.S. trade deficit with China in 2023 was about $252 billion, the lowest in 14 years.
  • Former President Donald Trump falsely claimed the deficit was over a trillion dollars.
  • Many economists do not believe trade deficits are inherently negative.
  • New CDC guidance advises COVID-19 patients to isolate until fever-free for 24 hours and take precautions for 5 days.