The US trade deficit jumped by almost 33% in December, rising for the second month in a row to $70.3 billion. Trade deficits were volatile throughout 2025 as importers responded to President Trump's ...

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...

2025 was supposed to be the turning point. After nearly a trillion dollars in annual trade deficits, America was ready to change course. In his second term, Donald Trump put tariffs at the center of ...

The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Kent Nishimura / ...