Investing.com -- The U.S. trade deficit nearly doubled in November of 2025, driven by a surge in capital goods imports likely tied to artificial intelligence investments. Consumer goods imports increased by $9.2 billion, lifted by pharmaceutical preparations, which have seen large swings likely related to U.S. tariffs. Goods exports fell 5.6% to $185.6 billion, pulled down by a $6.1 billion decrease in industrial supplies and materials exports. The goods trade deficit widened 47.3% to $86.9 billion. Related articlesU.S. trade deficit nearly doubles in NovemberGold and auto slumps drive Canada’s trade deficit to $2.2 billionTrump criticizes Powell again, says U.S. should have lowest rates in the world