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U.S. trade deficit slipped to $901B last year amid Trump tariffs

Economic Activity 02/19/2026

WASHINGTON (AP) – The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double...

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L3HARRIS TECHNOLOGIES INC. executives lead Sen. Sheldon Whitehouse, D-R.I., right, and Sen. Jack Reed, D-R.I., center, through its new 50,000-square-foot production facility at ProvPort. The new site will support the integration and testing of undersea training ranges for U.S. and partner-nation fleets, the company said. / COURTESY L3HARRIS TECHNOLOGIES INC.

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