U.S. current account deficit hits record $450B in Q1
The U.S. current account deficit jumped 44% in Q1 2025 to $450.2B — the largest on record.
That’s 6% of GDP, the highest since 2006. On an annualized basis, the gap hits $1.8 trillion.
The surge came as businesses rushed to import goods ahead of new tariffs, pushing the trade imbalance to historic levels.
