📈 Diverging Trade Paths: U.S. Deficit Hits $1.4T as China’s Surplus Climbs to $1.1T (LTM Q1 2025)

In the 12 months ending June 2025, the U.S. trade deficit surged to $1.37 trillion, up 24.5% year-over-year, while China’s trade surplus grew 32.7% to $1.14 trillion. Since the U.S.-China trade war began in 2018, the U.S. deficit has ballooned by 70%, and China’s surplus has skyrocketed by 185%. This stark contrast highlights the deepening trade divide between the world’s two economic powerhouses.