US trade balance soared 94% in November and was higher than a year ago, despite tariff efforts | Metals Mine

  • US trade balance soared 94% in November and was higher than a year ago, despite tariff efforts

    From cnbc.com

    The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s tariffs weaned their way through the economy, the Census Bureau reported Thursday. Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October. Of that gain, about one-third came with the European Union, where the goods deficit rose by $8.2 billion. The goods deficit with China decreased by about $1 billion to $13.9 billion. On a year-over-year basis, the deficit ... (full story)

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Polimini
Jan 29, 2026 1:00pm
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Americans are paying for the tariffs and getting higher inflation and the trade deficit increased.

Reply
clarktunes
Jan 29, 2026 12:39pm
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Rational adults knew this would be the outcome. You can't extort $6 billion a month from the world economy and expect that to turn out ok............
Reply
Oddone
Jan 29, 2026 12:59pm
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Why is XAG not responding to the news that is supposed to make it go up?
Reply
Trader#C42B
Jan 29, 2026 2:15pm
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Quoting Polimini
Americans are paying for the tariffs and getting higher inflation and the trade deficit increased.
bad take

Ive ordered lots of products since the tariff debacle started Spring 2025
Every import ive made as a consumer, from perfume to digital cameras, the seller has paid the import duties. If they say "Buyer is responsible" I just say 'i wont pay the duty charge' and they cover it. Its really that easy.

There has been slower import times but those have always varied anyways, but they have trended on the longer side of normal more. Probably Customs being extra careful on people claiming lower values of imports. That is speculation on my part.

So so so many foreign trade partners rely so heavily on US trade. They absolutely snuff as much as the tariff as they can. You do not give up market share if it can be helped.

Our trade balance is trending greatly, this month may be a blip or not, but the trend is a big reversal from our record lows over -$100billion.

Inflation adjusted this last number is close to pre-covid avg, depending on your inflation gauge, a bit lower considering economic growth especially, and the prior number of -$29billion, inflation adjusted is lowest in 30years +

So, worldwide, every other country is hurting like its 2008 export wise, to the US

The US is proving its soft power. Pure trade power. There has never been a bluff. We have always held the cards and were liberal with abuses. We have been trending populous and isolationist since the Cold War, subsidizing allies at those levels no longer makes sense.

And from here, if the US Economy catches a cold, the world is already sick, it will bring so many to their knees.

Ive never been prouder to be an American and grateful.
Reply
Trader#C42B
Jan 29, 2026 7:02pm
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Quoting Oddone
Why is XAG not responding to the news that is supposed to make it go up?
pro tip that will save you countless money

news mostly just increases volatility

buy the rumor, sell the news is one of the most consistent practices
Reply
Trader#5894
Jan 29, 2026 12:25pm
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Gold buy 90%chance uptrend
Reply

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