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Trump’s tariffs fails to shrink U.S. annual imports while raising costs at home

Trump’s tariffs fails to shrink U.S. annual imports while raising costs at home

by Nick Song | Mar 2, 2026 | Trade

The U.S. trade deficit increased in December, capping off a turbulent year marked by tariffs that created widespread disruption but failed to make a dent in the trade deficit. Data released by the Commerce Department showed the trade deficit for 2025 decreased by just...

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Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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