The U.S. trade deficit widened by 1.5% in December to $65.7 billion, the Commerce Department said Friday. The trade deficit was above the consensus forecast of Wall Street economists of a deficit of $64.6 billion. The trade gap widened even though exports rose slightly faster than imports in December. The U.S. trade deficit with China widened to $16.3 billion in December compared with $14.2 billion in the same month last year. For all of 2005, the U.S. recorded a record trade deficit of $725.8 billion, or 5.8% of GDP. This compares with a deficit of $617.6 billion, or 5.3% of GDP in 2004. The annual trade gap with China widened to a record $201.6 billion in 2005