US trade deficit widens sharply in December, testing Trump tariff claims

The US trade imbalance widened sharply in December 2025, highlighting continued challenges in America’s economic relationship with the world and with key economic competitor China, according to a release from the US Bureau of Economic Analysis on Thursday.
For the full year 2025, the US recorded a goods and services trade deficit of US$901.5 billion, a modest decline of 0.2 per cent from 2024, one of the largest since 1960. The total goods and services deficit in 2024 was US$903.5 billion, the…  

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