Trump’s tariffs have driven a massive drop in the U.S. trade deficit — going from nearly $140 billion in March to $61.6 billion in April

The U.S. trade deficit fell from nearly $140 billion in March to $61.6 billion in April .

The sharp drop in the trade deficit also fueled a significant bump in the Gross Domestic Product (GDP) A New York Times report suggests that the March trade deficit may have been artificially inflated as imports surged to get ahead of the tariffs that everyone knew were coming.