The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

The U.S. economy is falling apart in front of our very eyes—but you wouldn’t know that to hear Donald Trump tell it. The U.S. president took to social media in the wee hours of Tuesday morning to claim that his tariffs are the best thing ever.