US Goods Trade Deficit Hits Record $1.24 Trillion

Are tariffs successfully rebalancing trade and boosting exports or failing their mission despite record deficits?
Published FEB 20
    US Goods Trade Deficit Hits Record $1.24 Trillion
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    Above: An aerial photo of Longtan Container Terminal in Nanjing Port, Jiangsu Province, on Aug. 31, 2025. Image credit: Costfoto/NurPhoto/Getty Images
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    All rights reserved.

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