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

The U.S. trade deficit widened sharply in August amid an influx of goods related to the artificial intelligence build-out and the vagaries of import tariffs, the Commerce Department reported Tuesday. Imports swelled 4.3% for the month, pushing the total imbalance to $105.6 billion. That marked a 13.7% jump from July and was ahead of the Dow Jones consensus estimate for $102 billion. It also was the steepest deficit since the all-time gap in March 2025, recorded just before President Donald Trump’s “liberation day” announcement of “reciprocal” tariffs against U.S. trading partners. Though the monthly total was up, the year-to-date deficit...