Headlines
Bloomberg MarketsSteve Cohen Made About $9 Million a Day in 2025Bloomberg MarketsChina’s Balance Sheet Recession Is Getting More ProblematicFinancial TimesTop Fed official says White House is escalating its assault on central bankBloomberg MarketsGlencore Said to Close In on Sale of Kazzinc Mining OperationsBloomberg MarketsCanadian Energy Stocks Eye First Record Since 2008 as Oil SoarsBloomberg MarketsPending US Home Sales Slide as Trade Deficit WidensFinancial TimesTrump says he will decide in next 10 days if US will strike IranBloomberg MarketsInvesco, Carmignac Bet Against US Bonds, See Scant Need for CutsBloomberg MarketsFed's Kashkari Slams Hassett's Comments on Tariff AnalysisBloomberg MarketsMaggie Kang Hints at Long Wait for KPop Demon Hunters SequelBloomberg MarketsEQT Expects $1 Billion Windfall on Storm-Driven Gas Price RallyBloomberg MarketsMid-Caps Are Next Opportunity for Investors: HGGC's Rich LawsonBloomberg MarketsUS Stock Rebound Stalls as Conflict With Iran Zaps Risk AppetiteEconbrowserGuest Contribution: “Usury laws and Trump’s proposed cap on credit card interest rates”Financial TimesHow ‘homeland’ put America on the path to illiberalismBloomberg MarketsSteve Cohen Made About $9 Million a Day in 2025Bloomberg MarketsChina’s Balance Sheet Recession Is Getting More ProblematicFinancial TimesTop Fed official says White House is escalating its assault on central bankBloomberg MarketsGlencore Said to Close In on Sale of Kazzinc Mining OperationsBloomberg MarketsCanadian Energy Stocks Eye First Record Since 2008 as Oil SoarsBloomberg MarketsPending US Home Sales Slide as Trade Deficit WidensFinancial TimesTrump says he will decide in next 10 days if US will strike IranBloomberg MarketsInvesco, Carmignac Bet Against US Bonds, See Scant Need for CutsBloomberg MarketsFed's Kashkari Slams Hassett's Comments on Tariff AnalysisBloomberg MarketsMaggie Kang Hints at Long Wait for KPop Demon Hunters SequelBloomberg MarketsEQT Expects $1 Billion Windfall on Storm-Driven Gas Price RallyBloomberg MarketsMid-Caps Are Next Opportunity for Investors: HGGC's Rich LawsonBloomberg MarketsUS Stock Rebound Stalls as Conflict With Iran Zaps Risk AppetiteEconbrowserGuest Contribution: “Usury laws and Trump’s proposed cap on credit card interest rates”Financial TimesHow ‘homeland’ put America on the path to illiberalism
Home/CNBC Top News
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
CNBC Top Newsmarkets

U.S. trade deficit totaled $901 billion in 2025 despite Trump's tariffs

CNBC Top News
Thursday, February 19, 2026 at 4:11 PM
~4 min read
Trade

Original Report

The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.

Glass House Analysis

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%