But more importantly, the ultimate goal of tariffs is rebalancing trade and bringing back the, bringing our trade deficits into balance. We've seen the goods sector, the deficit with our trading partners, drop by 17%. We've seen our bilateral deficit with China drop substantially. And we are seeing trillions of investments in factories coming back to the US because of the tariffs. (07:36–07:40)
CLAIM
Asserts that the bilateral trade deficit with China has significantly decreased.
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