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U.S. trade deficit hits 17-month high despite tariff push

Imports and the trade gap have risen in recent months, undercutting the administration’s effort to reduce the deficit through tariffs, according to NYT reporting.

Reported · Written up by our desk · Trade & Tariffs

The U.S. trade deficit has reached a 17-month high, even as the Trump administration has pushed tariffs aimed at reducing it, according to NYT Business.

The NYT also reports that imports and the trade deficit have ballooned in recent months, indicating the tariff effort has not yet translated into a smaller overall trade gap.

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