The US trade deficit surged 33% in December to $70.3B, ending 2025 near 2024 levels despite months of shifting Trump tariff policies.
Browsing: trade deficit
“We’re very close to a deal with India where they open it [the market] up,” says Trump, as U.S. trade talks accelerate ahead of August deadline.
US monthly exports to India topped $3 billion for the first time, resulting in narrowing of American deficit by more than $1.3 billion.
Total trade deficit for the year is more than $4 billion.
Main culprit is import of gold, silver.