Tariffs Fail to Narrow U.S. Trade Gap in 2025

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Source: The Washington Post
Tariffs Fail to Narrow U.S. Trade Gap in 2025
Photo: The Washington Post
TL;DR Summary

The U.S. merchandise trade deficit hit a record $1.2 trillion in 2025 despite President Trump’s tariff policy, signaling that the tariffs did not close the gap and that trade patterns shifted away from China toward other Asian exporters as import demand remained strong.

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