# Let's check in on the U.S. trade deficit

Page: https://stenobird.com/podcast/marketplace-all-in-one-432449/let-s-check-in-on-the-u-s-trade-deficit
Text version: https://stenobird.com/podcast/marketplace-all-in-one-432449/let-s-check-in-on-the-u-s-trade-deficit.md
Podcast: [Marketplace All-in-One](https://stenobird.com/podcast/marketplace-all-in-one-432449)
Published: 2026-05-05T22:35:00+00:00
Episode link: https://www.marketplace.org/episode/2026/05/05/lets-check-in-on-the-us-trade-deficit
Audio file: https://pscrb.fm/rss/p/mgln.ai/e/5/dts.podtrac.com/redirect.mp3/play.publicradio.org/podcast/o/marketplace/pm/2026/05/05/pm_20260505_PM_Podcast_64.mp3?awCollectionId=mkp-AllNOne&awEpisodeId=01KQWN67TYYM1CP677MACDPYQY
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JSON: https://stenobird.com/v1/public/podcasts/marketplace-all-in-one-432449/episodes/let-s-check-in-on-the-u-s-trade-deficit
Duration seconds: 1518

## Resource

In case you forgot, President Trump's tariffs had one goal: narrow the U.S. trade deficit. Compare March ‘25 to March ‘26, and the deficit has shrunk by half. But from February to March of this year, it actually widened — exports rose, while imports rose even more. In this episode, what’s driving all that economic activity? (Hint, it’s not tariffs.) Plus: 30-year Treasury yields top 5%, home remodeling is projected to slow in 2027, and we visit a job fair in Philadelphia. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

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## Transcript

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