{"id":41315,"date":"2026-02-19T14:58:49","date_gmt":"2026-02-19T14:58:49","guid":{"rendered":"https:\/\/financialrush.com\/?p=41315"},"modified":"2026-02-19T14:58:49","modified_gmt":"2026-02-19T14:58:49","slug":"u-s-trade-deficit-totaled-901-billion-in-2025-despite-trumps-tariffs","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=41315","title":{"rendered":"U.S. trade deficit totaled $901 billion in 2025 despite Trump’s tariffs"},"content":{"rendered":"

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A Chinese flag flutters at top of a building of China Customs, at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. <\/p>\n

Tingshu Wang | Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged despite efforts by the Trump administration to close the wide gap.<\/p>\n

Closing out a tumultuous year in the global marketplace, the goods and services shortfall<\/a> in December totaled $70.3 billion, the Commerce Department reported Thursday. That marked an increase of $17.3 billion from November and was well above the Dow Jones consensus estimate for $55.5 billion.<\/p>\n

For the full year, the U.S. ran a $901.5 billion deficit, actually down slightly from 2024 but only by 0.2%, or $2.1 billion. The total was also a bit less than the record $923.7 billion shortfall in 2022.<\/p>\n

The report follows a year in which President Donald Trump<\/a> implemented a series of aggressive tariffs aimed at leveling the global playing field. In April, Trump announced an across-the-board duty of 10% on all imports as well as a a bevy of so-called reciprocal tariffs aimed at specific countries that had run up surpluses against the U.S.<\/p>\n

However, during the course of the year Trump softened many of those positions, and negotiations with major trading partners are ongoing.<\/p>\n

In an effort to get a ahead of the tariffs, companies front-loaded imports during the first three months of the year. The trend abated following the early effort, with October registering the lowest monthly deficit since 2009.<\/p>\n

The U.S. had its largest goods deficit with the European Union, at $218.8 billion, followed by China ($202.1 billion) and Mexico ($196.9 billion).<\/p>\n

Exports for 2025 totaled $3.43 trillion for all of 2025, up $199.8 billion from 2024. Imports also rose, totaling $4.33 trillion, an increase of $197.8 billion.<\/p>\n<\/div>\n<\/div>\n\n
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