BREAKING: The US' goods trade deficit widened by -$17.3 billion in December, to -$70.3 billion, the highest deficit since July 2025.
This brings the full-year deficit to -$901.5 billion in 2025, the 3rd-largest in data going back to 1960.
This comes as exports declined -$5.0 billion last month, to $287.3 billion, the lowest since August.
At the same time, imports jumped +$12.3 billion, to $357.6 billion, the highest since March.
Adjusted for inflation, the merchandise trade deficit widened to -$97.1 billion in December, the largest since July.
Despite massive volatility, the trade deficit was little changed last year.$BTC
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