Trade balance 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.

# Trade balance 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. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/29/trade-balance-soared-94percent-in-november-and-was-higher-than-a-year-ago-despite-tariff-efforts.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*