Trade deficit hits $105.6 billion, widest since just before Trump tariffs enacted last year

That marked a 13.7% jump from July and was ahead of the Dow Jones consensus estimate for $102 billion.

Trade deficit hits $105.6 billion, widest since just before Trump tariffs enacted last year

TL;DR

  • U.S. trade deficit widened sharply in August to $105.6 billion.
  • Imports increased by 4.3% in August, contributing to the deficit.
  • The August deficit was the largest since March 2025, prior to the enactment of "reciprocal" tariffs.
  • The year-to-date deficit is down nearly 20% from the same period last year.

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