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Tariff: America has $143bn auto trade deficit with Japan, Europe, South Korea – Stephen Miller

Published on April 07, 2025 at 06:47 PM

Stephen Miller, Deputy Chief of Staff for Policy to President Donald Trump, has stated that the United States has a trade deficit of approximately $143 billion with Japan, Europe, and South Korea.

In a post on his verified X handle, Miller explained that the US has a $53 billion “annual automotive trade deficit with Japan” and a $40 billion “auto deficit with Europe”.

He also highlighted America's $50 billion auto deficit with South Korea, lamenting that the US “allies have shut their markets to our cars while our market has been flooded with theirs”.

According to him, the trade deficits were “all deliberate.”

Miller further questioned why American streets are “filled with cars from Europe and Japan but their streets are empty of American cars.”

Trump had said on Sunday that he would not reverse his controversial tariffs on other countries unless the trade deficits that the US runs with China, the European Union, EU, and other nations disappear.

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