Thursday, February 19, 2026 at 1:56 PM
The U.S. trade deficit jumped in December, the latest leg of a turbulent year for America’s trading relationships under the steep tariffs imposed by the Trump administration.
Exporting countries are sticking to their economic models, frustrating U.S. hopes that levies can fix imbalances.
America still bought a lot more than it sold, despite Trump’s shifting tariff policies with trade partners.
The EU’s exports to the U.S. held up last year despite the tariffs imposed by Trump. Those increased duties pushed Chinese businesses to seek new customers in the bloc.
Higher tariffs, labor and health-insurance costs have pushed many businesses to raise prices for consumers.
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