U.S. trade deficit slipped to $901 billion last year amid Trump tariffs
- The U.S. trade deficit narrowed slightly to $901 billion in 2025 amid President Donald Trump's tariffs on imports from most countries.
- Exports rose 6% and imports rose nearly 5% last year as companies rushed to import goods before the tariffs took effect.
- Trump argues the tariffs, paid by U.S. importers, will protect domestic industries and raise revenue for the Treasury, though their impact on inflation has been lower than expected.
115 Articles
115 Articles
U.S. goods trade deficit hits record $1.24 trillion despite Trump’s tariff push
President Donald Trump's tariff policies in 2025 produced a mixed economic picture -- narrowing the overall trade deficit only modestly while the goods trade deficit hit a record high and import taxes increased costs for U.S. businesses, according to Commerce Department data reported by The Associated Press.
US trade deficit declined in 2025 — but America imported a record amount despite Trump tariffs
The US trade deficit slipped modestly in 2025, a year in which President Trump upended global commerce by slapping double digit tariffs on imports from most countries. But the gap in the trade of goods such machinery and aircraft — the main focus of Trump’s protectionist policies — hit a record last year despite sweeping import taxes.
Despite extensive tariffs, the gap between US imports and exports narrowed only minimally in 2025. Economists are calling it an own goal – the US tariffs are primarily hurting the country itself.
Trade deficit hit $901.5 billion in 2025, one of largest gaps recorded
Federal data shows that the United States’ trade deficit rose to $70.3 billion in December — an increase of $17.3 billion from November. In 2025, the full-year trade deficit for goods and services was at $901.5 billion, the U.S. Census Bureau and the Bureau of Economic Analysis said. While this is $2.1 billion less than the $903.5 billion it was at in 2024, it only represents a 0.2% decrease in total, and is still one of the largest deficits r…
U.S. trade deficit remains high in 2025, despite Trump’s tariff policy
The U.S. merchandise trade deficit hit a record $1.2 trillion last year, despite President Donald Trump’s promise to eliminate it by imposing the highest tariffs in eight decades on foreign-made products. Thursday’s Commerce Department report represents the first full-year assessment of the president’s ambitious reordering of global trade. The persistence of the deficit in the face of steep new taxes on imports from China, the European Union and…
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