Source: South China Morning Post [Hong Kong]
“The US trade imbalance widened sharply in December 2025, highlighting continued challenges in America’s economic relationship with the world and with key economic competitor China, according to a release from the US Bureau of Economic Analysis on Thursday. For the full year 2025, the US recorded a goods and services trade deficit of US$901.5 billion, a modest decline of 0.2 per cent from 2024, one of the largest since 1960. The total goods and services deficit in 2024 was US$903.5 billion, the report showed. According to the new data, the US goods and services deficit rose to US$70.3 billion in December, a sharp increase of 32.6 per cent from November’s revised US$53.0 billion. Exports fell slightly while imports increased, widening the gap as global demand shifted in the final months of the year.” (02/19/26)