U.S. trade deficit shrank to $60.2B in June 2025, the lowest since Sept. 2023, driven by falling imports and rising tariff uncertainty.

Data and Financial Journalist
U.S. trade deficit shrank to $60.2B in June 2025, the lowest since Sept. 2023, driven by falling imports and rising tariff uncertainty.
Canada’s rapid shift in foreign investment, China’s retreat, and the strong demand from Gulf and European nations capture the shifting alliances and risk appetites. Through 3 charts, I explain who holds America’s IOUs in a time of high deficits and global uncertainty —and how quickly that’s changing.
New data shows foreign investment in the U.S. dropped in 2024 — but Ireland and Canada still led the way in both spending and job creation.
Trump’s second presidency has come with a series of executive actions—most with the focus to make the country more self-reliant, reducing dependence on foreign economies. I delve into the data to uncover how these tariffs might impact the U.S.