US Trade Deficit Narrows to USD 901 Billion Amid Trump Tariffs

• The US trade deficit modestly slipped to USD 901 billion in 2025, down from USD 904 billion in 2024.
• This occurred during a year when President Donald Trump imposed double-digit tariffs on imports from most countries.
• Exports increased by 6 percent, while imports rose by nearly 5 percent last year.
• The trade gap initially surged from January-March as companies rushed to import goods before Trump's taxes, then narrowed.
• Trump's tariffs, paid by US importers and often passed to consumers, aim to protect US industries and boost manufacturing.