US Records 25% Drop in Trade Deficit During January 2026

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US Records 25% Drop in Trade Deficit During January 2026

TL;DR

  • US trade deficit decreased by 25.3% in January 2026 to $54.5 billion.
  • Imports fell by 0.7% to $356.6 billion, while exports rose by 5.5% to $302.1 billion.
  • The deficit reduction was due to a $17.5 billion decrease in the goods deficit and a $1 billion increase in the services surplus.
  • Year-over-year, the goods and services deficit decreased by 57.6%.
  • Export growth was primarily driven by non-monetary gold, computers, and civilian aircraft.
  • The trade balance with the European Union fell by $5 billion, while the surplus with the United Kingdom increased by $3.2 billion.
  • The Supreme Court invalidated reciprocal tariffs imposed by President Trump, leading to a new global 10% levy.