Trump's economic agenda report card is mixed! Growth and investment are strong, but the trade deficit remains difficult to resolve, and the results of reshoring manufacturing fall short of expectations.

Zhitong Finance APP has learned that a study by the German Economic Institute (IW) shows that although U.S. President Trump's economic agenda has promoted steady economic growth and strong investment, it has failed to reduce the trade deficit. The Trump administration, through measures such as tax cuts, additional tariffs, attracting corporate investment, and promoting the return of manufacturing, has sought to reshape the U.S. economic structure, reverse the long-term trade imbalance, and reduce America's dependence on overseas supply chains. However, judging from current economic performance, the actual effects of these policies still show clear divergence.