Despite tariffs, US goods trade deficit widened by -$22.8 billion, or -27%, in May, to -$105.8 billion, the largest since March 2025.
The US goods trade deficit widened by -$22.8 billion, or -27%, in May, to -$105.8 billion, the largest since March 2025. This marks the largest monthly increase since November 2025. US goods exports fell -$11.8 billion, or -5%, to $207.7 billion, the lowest since February, driven by a sharp decline in industrial supplies, particularly energy …