The US trade deficit slipped modestly in 2025, a year in which President Trump upended global commerce by slapping  double digit tariffs  on imports from most countries. But the gap in the trade of goods such machinery and aircraft — the main focus of Trump’s protectionist policies — hit a record last year despite sweeping import taxes. Overall, the gap the between the goods and services the US sells other countries and what it buys from them narrowed to just over $901 billion, from $904