US Trade Deficit Hits $105.6 Billion, Widest This Year

· Trade · United States

The US trade deficit hit $105.6 billion, the widest since just before Trump tariffs were enacted last year, marking a 13.7% jump from July and surpassing the Dow Jones consensus estimate for $102 billion. The widening gap reflects surging imports and shifting trade flows amid tariff policy. Meanwhile, India-US trade talks have stalled again, and China warned France and Germany against 'protectionist' trade tools, saying it hopes both major economies will uphold openness, cooperation and free trade.

Why it matters:A record-wide US trade deficit and stalled trade talks illustrate how tariff policy is reshaping global commerce and straining trading partnerships.

Key points

  • The US trade deficit hit $105.6 billion, up 13.7% from July and above the $102 billion consensus.
  • It is the widest since just before Trump's tariffs were enacted last year.
  • India-US trade talks stalled again; China warned France and Germany against protectionism.

Sources (original reporting)

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