U.S. trade deficit dips while goods gap hits a record despite Trump's tariffs

The U.S. trade deficit narrowed from $904 billion in 2024 to about $901 billion last year, still the third-highest deficit on ...
Marketplace

Tariffs have failed to shrink the trade deficit as promised

The U.S. imported more goods and services than it exported — around $70 billion worth — in December, according to new data from the U.S. Bureau of Economic Analysis.

After 5th Straight $1 Trillion Trade Deficit, These Countries Top List

The Supreme Court on Friday ruled President Trump exceeded his powers and delared illegal the IEEPA tariffs that were the ...

U.S. trade deficit totaled $901 billion in 2025, barely budging despite Trump's tariffs

The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.
Washington Examiner

Trump reduces the deficit by 4% with tariffs and his signature tax law

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...