economy

February 19, 2026

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.

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

TL;DR

  • The U.S. trade deficit for 2025 was $901.5 billion, showing almost no change from the previous year.
  • The December trade deficit increased to $70.3 billion, significantly higher than November's figure.
  • President Trump's tariffs, implemented in an effort to reduce the trade imbalance, saw many positions softened throughout the year.
  • The largest goods deficits were with the European Union ($218.8 billion), China ($202.1 billion), and Mexico ($196.9 billion).
  • Exports and imports both rose in 2025, with exports totaling $3.43 trillion and imports totaling $4.33 trillion.

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