BREAKING: The US goods trade deficit widened by -$17.3 billion in December, reaching -$70.3 billion, the highest deficit since July 2025.
This brings the full-year 2025 deficit to -$901.5 billion, the third-highest on record since 1960.
This occurred amid a -$5.0 billion decrease in exports last month, down to $287.3 billion, the lowest since August.
At the same time, imports surged by +$12.3 billion, reaching $357.6 billion, the highest since March.
After adjusting for inflation, the goods trade deficit expanded to -$97.1 billion in December, the highest since July.
Despite significant volati
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