U.S. trade deficit totaled $901 billion in 2025, barely budging despite Trump’s tariffs

CNBC: The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged despite efforts by the Trump administration to close the wide gap.

Closing out a tumultuous year in the global marketplace, the goods and services shortfall in December totalled $70.3 billion, the Commerce Department reported Thursday. That marked an increase of $17.3 billion from November and was well above the Dow Jones consensus estimate of $55.5 billion…