How is the US economy doing after Trump tariffs?

The June 2025 trade figures for imports and exports indicate that the imports have fallen substantially, and the exports inched up, and the resultant narrowing of trade deficit is to be seen as good news for the American economy.

- 

But the figures that are being highlighted are for a narrow period of time, and it has to be seen whether the trend will continue for a longer period.

The overall trade gap came down to 16 per cent in June to $60.2 billion. The trade deficit in goods went down to 10.8 percent, the lowest since September 2023. American exports of goods and services stood at $277.3 billion, down from $278 billion in May. The imports fell to $337.5 billion in the month of June, consumer goods fell by $8.4 billion, industrial supplies and materials by $2.7 billion, auto and parts by $1.3 billion.