1) The trade deficit jumped in November after a sharp fall in October. The November figure was still 56% lower than the January 2025 figure, but 56% is not 77%. January 2025 had the largest trade deficit on record to that point, $128.8 billion. 3) The overall trade deficit has been higher in 2025 than it was in 2024. Through November, the total goods and services trade deficit in 2025 was $839.5 billion.

Source: CNN February 04, 2026 02:40 UTC