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Imports of goods and services into the US dropped 16.3% to $351 billion in April 2025, after jumping to an all-time high in the previous month in anticipation of more tariff announcements in April. Goods imports decreased $68.9 billion to $277.9 billion, due to pharmaceutical preparations (down $26.0 billion), cell phones and other household goods (down $3.5 billion), finished metal shapes (down $16.9 billion), other precious metals (down $1.1 billion), passenger cars (down $6.4 billion) and trucks, buses, and special purpose vehicles (down $1.1 billion). On the other hand, imports of services increased $0.5 billion to $73.1 billion in April.