US Trade Deficit Hits 2009 Low Amid Tariff Impact
TL;DR Summary
The US trade deficit has significantly decreased to its lowest since 2009, dropping by nearly half to around $29.4 billion in October 2025, driven by reduced imports and increased exports amid tariffs, which some economists see as a sign of economic resilience and a potential advantage in 2026.
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- Trade deficit in October hits smallest since 2009 after Trump's tariff moves CNBC
- US Trade Gap Shrinks to Smallest Since 2009 on Imports Drop Bloomberg.com
- US trade deficit sinks as tariffs take a bite. See latest numbers USA Today
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