US trade deficit continued to widen in December after hitting the smallest monthly amount since the 2009 low in October. The total import was USD 70.3 billion higher than the export in the last month ...

High tariffs were supposed to slash chronically large U.S. trade deficits. Turns out they really didn’t. The nation’s trade deficit fell in 2025 by a meager 0.2% to $901.5 billion, but only due to a ...

The U.S. trade deficit narrowed in April as exports of petroleum products and capital goods jumped to record highs, a trend that if sustained, will put trade on course to contribute to economic growth ...

President Donald Trump’s tariff policies did little to shrink the overall 2025 trade deficit. However, deficits did fall with several major U.S. trading partners including Canada, Japan and South ...

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 ...