Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to a record $4.1 trillion, as Americans bought large amounts of auto parts, weight-loss drugs, computers and food from other countries.

The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, which might have prompted businesses to rush purchases of foreign-made goods like finished metals and computers.

The U.S. trade deficit expanded significantly in December due to record-high imports amidst ongoing tariff threats. The deficit surged by 24.7% to $98.4 billion. Recently implemented tariffs targeted goods from Canada,