What did Donald Trump claim about the economy on 10 Feb 2025? "We have a deficit with—a little deficit with Argentina…"
Donald Trump, President of the United States ·
We have a deficit with—a little deficit with Argentina. Almost with every country.
There is no goods trade deficit with Argentina. The U.S. had a goods trade surplus with Argentina of about $2.0 billion in 2024 and about $5.2 billion in 2023.
Census Bureau trade data show a U.S. goods trade surplus with Argentina: a balance of 1,992.8 million dollars in 2024 (exports 9,097.1 million, imports 7,104.3 million), 5,169.0 million in 2023 and 5,823.3 million in 2022 (U.S. Census Bureau, Trade in Goods with Argentina).
Claim vs. the record · Economy
Added · Updated
The claim
- Date
- Where
- Exchange with reporters at a document-signing ceremony in the Oval Office, White House, Washington, D.C.
The record
Primary source (agency data)