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US Runs Annual Trade Deficit Up to $901 Billion, One of Biggest Since 1960
Posted
February 19, 2026
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4:23Now PlayingBlerina Uruci, Chief US Economist at T. Rowe Price, discusses mixed signals in January inflation data and the US trade deficit.
The US trade deficit widened in December, capping a turbulent year of erratic tariff policy.
The goods and services trade gap expanded from the prior month to $70.3 billion, Commerce Department data showed Thursday. The shortfall culminated in a full-year deficit of $901.5 billion, still one of the largest in data back to 1960.
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