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November Trade Deficit Returns to Normal After October Lull; Record Goods Deficit Likely In 2025

November Trade Deficit Returns to Normal After October Lull; Record Goods Deficit Likely In 2025

Archive, China, commentary, Commentary Featured, CPA News, Featured Home Page, Industrial Policy, Manufacturing, Newsroom, Trade and TariffsBy Kenneth RapozaFebruary 3, 2026

The November trade deficit numbers returned to a more normal figure, with the services surplus still in the $20s to low $30 billion range, and the goods deficit jumping from the October lull.

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