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U.S. Trade Deficit Drops 16.8% Amid Import Decline

9/27/2025

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Summary

Story summary

U.S. goods trade deficit fell 16.8% in August to $85.5 billion, driven by $19.6 billion drop in imports to $261.6 billion.
Goods exports declined by $2.3 billion to $176.1 billion.
Economists forecast a $95.2 billion deficit, and tariffs under President Donald Trump have caused import fluctuations that affect GDP.
Q3 growth is seen near 2.5% annualized, after Q2's 3.8% pace.

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Story summary

U.S. goods trade deficit fell 16.8% in August to $85.5 billion, driven by $19.6 billion drop in imports to $261.6 billion.
Goods exports declined by $2.3 billion to $176.1 billion.
Economists forecast a $95.2 billion deficit, and tariffs under President Donald Trump have caused import fluctuations that affect GDP.
Q3 growth is seen near 2.5% annualized, after Q2's 3.8% pace.