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Associated Press

US Trade Deficit Declined in 2025, but Gap for Goods Hits a Record despite Trump Tariffs

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The Associated Press

11:52 JST, February 20, 2026

WASHINGTON (AP) — The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries. But the gap in the trade of goods such as machinery and aircraft — the main focus of Trump’s protec...

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