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US trade deficit slipped to USD 901 billion last year amid Trump tariffs

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....S trade deficit slipped to USD 901 billion last year amid Trump tariffs<BR>Customs & Trade<BR>Dated:- 19-2-2026<BR>PTI<BR>Washington, Feb 19 (AP) The US trade deficit slipped modestly in 2025, a year ....

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....in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries. The gap the between the goods and services the US sells other countries and....

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.... what it buys from them narrowed to just over USD 901 billion from USD 904 billion in 2024, the Commerce Department reported Thursday. Exports rose 6 per cent last year, and imports rose nearly 5 ....

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....per cent. The trade gap surged from January-March as US companies tried to import foreign goods ahead of Trump's taxes, then narrowed most of the rest of the year. Trump's tariffs are a tax pa....

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....id by US importers and often passed along to their customers as higher prices. But they haven't had as much impact on inflation as economists originally expected. Trump argues that the tariffs wil....

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....l protect US industries, bringing manufacturing back to America and raise money for the US Treasury. (AP) GRS GRS =============<BR> News - Press release - PIB....