U.S. Trade Deficit Shrank In August As Trump's Tariffs Took Effect, Delayed Data Shows

ToplineThe U.S. trade deficit narrowed more than expected in August, according to delayed Commerce Department data released Wednesday, as President Donald Trump’s tariffs appeared to disrupt international commerce. Trump expanded his tariffs on U.S. trade partners in August, as new data suggests the levies diminished trade.Getty ImagesKey FactsThe U.S. trade deficit—the value by which the cost of a country’s imports is worth more than its exports—shrank to $59.6 billion in August, the narrowest gap since Oc ...