CHANGE:

America's trade deficit plunges by half to the smallest in nearly 2 decades.

– Chinese imports crashed
– American exports grew
– Tariff inflation was absorbed by exporters
– Trillions of investment incoming

Instead of importing Chinese junk we’re importing factories. pic.twitter.com/usQYETT1IB

— Peter St Onge, Ph.D. (@profstonge) January 19, 2026