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Fact check: Did US go from ice cream trade surplus to deficit under Biden? | Food

25 July 2025
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Fact check: Did US go from ice cream trade surplus to deficit under Biden? | Food
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President Trump’s administration criticized Joe Biden for the US ice cream industry’s decline, noting a shift from a $40.6 million trade surplus in 2020 to a deficit in 2022. Experts highlight that most US ice cream consumption is domestic, with imports representing a small fraction, and suggest that classification issues and increased consumer demand for specialty products have influenced trade data.

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Tags: BidenBusiness and EconomycheckcreamDeficitDonald TrumpEconomyExplainerfactFoodiceInternational tradeJoe BidensurplustradeTrade WarUnited StatesUS & Canada
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