“Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts”

“The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.

Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October.”

https://www.cnbc.com/2026/01/29/trade-balance-soared-94percent-in-november-and-was-higher-than-a-year-ago-despite-tariff-efforts.html