Under Trump, the economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%. The international trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016. The number of people lacking health insurance rose by 3 million. The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion. Illegal immigration increased. Apprehensions at the Southwest border rose 14.7% last year compared with 2016. Coal production declined 26.5%, and coal-mining jobs dropped by 16.7%. The United States can again negotiate from a position of strength. Trump Calls Xi Jinping a Brilliant, Good-Looking Man Trump Praises 'Smart, Brilliant, Everything Perfect' Xi America’s trade gap soared under Trump Before President Biden took the helm, China's economic fortunes were soaring, and the those of the U.S. in a death spiral. That was then. This is now. America’s Image Abroad Rebounds With Transition From Trump to Biden Biden’s actions to crack down on Beijing’s tech development will do more to hinder the Chinese economy than Trump ever did. China's economic woes keep getting worse U.S. Economy Records Solid Growth Trump Suffers Another Cognitive Failure During Rally - Confuses North Korea with China "We fell in love!"
