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[00:00:21] Those who fight against President Trump's tariffs are either ignorant or, like many others, seek to derail the president and undermine our republic. Hello, I'm Ron Edwards. On today's page from the Edwards Notebook brought to you by Root Brands Premium Products for your body and soul. Recently, the U.S. trade deficit in goods and services narrowed sharply, falling to $61.6 billion in April, down from $138.3 billion in March.
[00:00:50] That was the largest monthly improvement on record due to a steep drop in imports and continued strength in U.S. exports. The 16.3% decline in imports, the biggest on record, coincided with the introduction of new U.S. tariff schedules and followed a month of accelerated purchasing by companies anticipating higher duties.
[00:01:11] Analysts noticed that much of the shift reflected a hangover after months of elevated imports as businesses rushed to bring in goods before Trump instituted reciprocal tariffs. At the same time, U.S. exports increased by 3%. The rise in U.S. exports suggests that fears of foreign retaliation against rightful U.S. tariffs may have been overstated. Thank you, President Trump, for seeking to even the trade playing field. I'm Ron Edwards.
[00:01:43] Follow me on social media at xronedwards underscore show. Follow me on social media at xronedwards below. I'm Ron Edwards.