Tariffs Aren't Shrinking the U.S. Trade Deficit
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The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries.
The US trade deficit in goods expanded to a new record in 2025, government data showed Thursday, despite sweeping tariffs that President Donald Trump imposed during his first year back in the White House.
President Trump on Wednesday touted the decline in U.S. trade deficit ahead of official data showing a small reduction in the country’s overall balance of trade. In a Wednesday night post on Truth Social,
The U.S. trade deficit edged down in 2025, narrowing to $901.5 billion from $903.5 billion in 2024 in a year marked by tariffs.
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US trade deficit swells in December as imports surge
The US trade deficit deteriorated even though President Trump unleashed a barrage of tariffs to close trade imbalances.
US trade deficit continued to widen in December after hitting the smallest monthly amount since the 2009 low in October.
It’s the smallest trade deficit since June 2009.
Key Takeaways 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 Korea,