Update on Trump's tariffs (Dec/2025): U.S. trade deficit hit a 5-year low, but tariff revenue fell in November after cuts to food to curb inflation. Government announces $12 billion in aid to affected farmers. Threat of +5% to Mexico for water. Economists warn of rising prices in 2026 and an average cost of $1,200 per American family. Policies aim for reciprocity but generate global debates.
