The U.S. Commerce Department reported that in August 2025 the United States goods and services trade deficit was $59.6 billion; imports were $340.4 billion (down 5% from July 2025) and exports were $280.8 billion (up 0.1% from July 2025).
August 31, 2025
high
temporal
Monthly U.S. international trade statistics reported by the Commerce Department.
The U.S. Commerce Department reported that the U.S. cumulative trade deficit for January–August 2025 was $713.6 billion, a 25% increase from $571.1 billion in January–August 2024.
August 31, 2025
high
temporal
Year-to-date international trade balance compared with the prior year.
Tariffs on imports are paid by importers who typically attempt to pass the higher costs to their customers, which can contribute to higher consumer prices and inflation.
high
conceptual
General economic effect of import tariffs on prices and inflation.