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The U.S. trade deficit soars to an unprecedented $140.5 billion in March 2025, marking a 14% increase from February’s revised figure of $123.2 billion. The sharp rise is driven largely by a surge in imports as companies rush to bring in foreign goods ahead of new tariffs enacted by the Trump administration.
Government data released by the Bureau of Economic Analysis shows that imports climb 4.4% to a record $419.0 billion, with a significant jump in consumer goods, pharmaceuticals, capital equipment, and automobiles. Meanwhile, exports edge up by only 0.2% to $278.5. . .
