Updated

The U.S. trade deficit reached $105.6 billion in August, marking the widest gap since just before Trump-era tariffs were enacted, and representing a sharp 13.7% monthly increase from July that exceeded consensus estimates of $102 billion. The widening deficit signals persistent imbalances in goods and services trade despite tariff policies aimed at reducing the gap. The figure suggests that import demand remains resilient while export growth has lagged, underlining structural trade challenges that tariffs have yet to resolve.