The July goods deficit hit a record for the year at $119.59 billion, according to Thursday’s data from the U.S. Bureau of Economic Analysis (BEA). If oil and gas export values are removed, the goods gap with the world for July comes in at $128.55 billion.
In one August week, Washington reopened the border to Mexican cattle, expanded low-tariff beef imports, and finally turned to the packers. Only one targets the real problem.
![Mexico’s top trade diplomat, Marcelo Ebrard, was in Washington for several days last week [from Aug. 24 to Aug. 26] but quietly left empty handed on Wednesday.](https://prosperousamerica.org/wp-content/uploads/2026/09/claudia-sheinbaum-650x366.jpg "claudia-sheinbaum")
Mexico’s top trade diplomat, Marcelo Ebrard, was in Washington for several days last week [from Aug. 24 to Aug. 26] but quietly left empty handed on Wednesday.
The collapse of the U.S.-Canada trade negotiation on August 21 drew headlines and criticism aimed at Washington. What the criticism misses is that the deal on the table would have undercut a key plank of U.S. reindustrialization policy and a vital supply line for national security.
The report documents how goods subject to higher U.S. tariffs are routinely rerouted through lower-tariff countries, undermining both tariff enforcement and American manufacturing.
Today’s Section 232 proclamation secures that foundation, and the entire structure is built to reward one thing: manufacturing in America. Companies investing in U.S. polysilicon, wafer, and cell production are the clear winners, and companies that continue to rely on imports will be at a disadvantage.
The CCP is ready to look back decades for taxes owed to it — but not for the sovereign bond obligations it owes to thousands of American families.
Findings show that U.S. tariff policy leaves the aluminum industry’s largest employment base exposed, even as primary aluminum tariff costs are passed on to extruders and fabricators.
U.S. aluminum tariff policy must consider the full aluminum value chain. Downstream extruders and fabricators account for most aluminum manufacturing employment and are the key producers converting metal into critical products used in construction, transportation, machinery, electrical systems, packaging, defense, and other industrial markets.
Despite foreign currency gains against the dollar in top trading partners like Mexico, Vietnam and China, import values for goods came in at $309.01 billion. That is the second highest import value of the year following May’s $316.86 billion surge, the Bureau of Economic Analysis said on Tuesday.
