US Edition
U.S. trade deficit slipped to $901 billion last year amid Trump tariffs
- The Commerce Department reported Thursday that the trade deficit narrowed to over $901 billion from $904 billion in 2024.
- In April, U.S. companies front-loaded imports to beat the 10% across-the-board duty, imposed after President Donald Trump announced tariffs, including reciprocal levies.
- Trade data show China’s goods deficit plunged nearly 32% to $202 billion while the gaps with Taiwan and Vietnam rose sharply to $147 billion and $178 billion last year.
- The Commerce Department reported a $339 billion services surplus last year, while December's goods and services shortfall totaled $70.3 billion, up $17.3 billion from November.
- Despite aims, tariffs 'haven't had as much impact on inflation,' analysts note, as Trump softened positions and negotiations continue, affecting U.S. policy and the dollar.
90 Articles
90 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.
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…
Coverage Details
Bias Distribution
- 56% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
